Question

What is deregulation and how did it affect certain industries in the 1980s?

Answer 1

Deregulation was a process of removing federal authority and regulations from certain industries in order to help them prosper more easily. Some industries boomed and some busted, most notable being the savings and loans industry with banks having an easier time to do their business with the people. Some industries weren't affected at all like the agricultural industry, most notably farmers.