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SS2: GOVERNMENT - 1ST TERM

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  1. Electoral Process | Week 1
    5 Topics
    |
    1 Quiz
  2. Types of Electoral Process | Week 2
    5 Topics
    |
    1 Quiz
  3. Electoral Process Continues - Proportional, Representation, Repeated Ballot, Direct and Indirect Elections | Week 3
    5 Topics
    |
    1 Quiz
  4. Ballot Systems | Types of Voting | Week 4
    3 Topics
    |
    1 Quiz
  5. Organization of Election | Week 5
    4 Topics
    |
    1 Quiz
  6. Electoral Commission and Electoral Officers | Week 6
    4 Topics
    |
    1 Quiz
  7. Public Opinion and Mass Media | Week 7
    6 Topics
    |
    1 Quiz
  8. Civil Service | Week 8
    6 Topics
  9. Personnel Administration in the Civil Service | Week 9
    5 Topics
    |
    1 Quiz
  10. Public Corporation | Week 10
    9 Topics
  11. Commercialization, Privatization and Deregulation of Public Corporations | Week 11
    4 Topics
    |
    1 Quiz



Lesson Progress
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Topic Content:

  • Meaning of Deregulation
  • Merits of Deregulation of Public Corporation
  • Demerits of Deregulation of Public Corporation

What is Deregulation?

Deregulation is the process of reduction or elimination of government power or restrictions on a particular industry to improve business operations and increase competition. It entails the process of removing or reducing state regulations in the economy to enable the industry to compete globally.

Merits of Deregulation of Public Corporation:

(i) It stimulates economic activity because it eliminates restrictions for new businesses to enter the market, which increases competition.

 

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