QUESTION IMAGE
Question
why did president carter want to reduce rules for businesses?
to increase the price of oil and gas
to lower costs for government and consumers
to lower costs for businesses and consumers
to increase the price of consumer goods
complete
reducing the regulations on businesses was part of president carters plan to
lower interest rates.
lower inflation.
raise unemployment.
raise interest rates.
done
For the first question: Carter's deregulatory efforts aimed to cut bureaucratic barriers, which reduced business operational costs; these savings could be passed to consumers, lowering their expenses.
For the second question: Carter's business deregulation was a key part of his economic strategy to curb inflation, as reduced red tape could boost efficiency and bring down price pressures.
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- To lower costs for businesses and consumers
- Lower inflation.