The war brought full employment and a fairer distribution of income. Blacks and women entered the workforce for the first time. The war also brought the consolidation of union strength and far-reaching changes in agricultural life.
Answer:
When the king needed to wage war by sea, he relied on the temporary.... the sea, commands the trade; whosever commands the trade of the world.
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Deregulation is the process of removing or reducing state regulations, typically in the economic sphere. It is the repeal of governmental regulation of the economy. It became common in advanced industrial economies in the 1970s and 1980s, as a result of new trends in economic thinking about the inefficiencies of government regulation, and the risk that regulatory agencies would be controlled by the regulated industry to its benefit, and thereby hurt consumers and the wider economy.
Economic regulations were promoted during the Gilded Age, in which progressive reforms were touted as necessary to limit externalitieslike corporate abuse, unsafe child labor, monopolization, pollution, and to mitigate boom and bust cycles. Around the late 1970s, such reforms were deemed as burdensome on economic growth and many politicians espousing neoliberalism started promoting deregulation.
