WAEC Commerce 2025 Question 42

Question 42

Government and Business

An advantage of deregulation is that it

  1. A.reduces competition among businesses.
  2. B.reduces restrictions in business.
  3. C.increases access to funds.
  4. D.increases access to basic goods.
Show the answer and explanation

Answer: B (reduces restrictions in business.)

Explanation

Deregulation removes government restrictions, so businesses operate more freely.