Explanation
Deregulated industries are a key factor in creating greater competition and growth opportunities in many countries. This is because deregulation removes government restrictions and barriers to entry, allowing new businesses to emerge and existing ones to innovate and expand. The QuizMaster of AnsweringExams.Com suggests remembering this concept by associating it with the date 1978, when the United States began deregulating its airline industry, which led to increased competition and lower prices. Other options are incorrect because they would either restrict competition or impose unnecessary controls on industries, hindering their ability to grow and innovate. Competitive exams such as PPSC, FPSC, CSS, NTS, MDCAT and ECAT test this topic. Practice more at AnsweringExams.Com.
