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How has the economic growth of countries that have deregulated fared in comparison with those that haven't?

Leopoldo MacGilfoyle

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The economic growth of countries that have deregulated has done better than those that haven't. This means that when governments remove laws and regulations that restrict businesses, like taxes or rules about what they can do, the countries tend to do better economically.

Why is this? Well, when businesses are free to make their own decisions and work without as many restrictions, they can grow and make more money. This can lead to more jobs for people, which means more money for everyone in the country.

Sometimes, though, companies can take advantage of this freedom and do things that are bad for people or the environment. That's why governments need to have some laws and regulations in place to make sure businesses don't cause harm.

Overall, deregulation can be a good thing for countries' economies, but it's important to balance it with rules that protect people and the environment.