Advantages and disadvantages of deregulation in Nigeria. - SS2 Government Past Questions and Answers - page 1
1
What is a potential disadvantage of deregulation in Nigeria?
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A
Increases competition among businesses
B
Compromises safety of workers, consumers, and the environment
C
Promotes innovation
2
What is a potential advantage of deregulation in Nigeria?
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A
Increases inequality
B
Reduces costs associated with compliance with government regulations
C
Threatens public interest
3
What is a potential disadvantage of deregulation in Nigeria?
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A
Stimulates innovation
B
Creates market dominance
C
Encourages investment
4
What is a potential advantage of deregulation in Nigeria?
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A
Threatens public interest
B
Increases efficiency
C
Compromises safety of workers, consumers, and the environment
5
What is a potential disadvantage of deregulation in Nigeria?
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A
Promotes competition
B
Increases risk of fraud, exploitation, and abuse
C
Reduces costs associated with compliance with government regulations
6
How can deregulation potentially compromise safety in Nigeria?
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7
How can deregulation potentially increase market dominance in Nigeria?
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