White men owning property
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.
The Enlightenment movement hugely influenced the west, especially the United States and the Founding Fathers. The system of checks and balances as well as the the separation of power into legislative, judicial and executive branches come from the Enlightenment writers. The famous line from the Declaration of Independence "Life, Liberty and the pursuit of Happiness" was inspired by the writings of Locke and his saying of "Life, Liberty and Property" as we can see.