Deregulation gives some companies too much power and hurts competition.
Explanation:
Deregulation is when the government removes the regulations on business and means of business that is carried out within their borders for all companies.
This only profits the companies that are big or hegemonic at the time of this law because they are much more prone to influence results and make business more suitable for themselves with the power they already wield by the virtue of being a big company.
This in turn decreases their competition and hurts the market as they establish monopolies.
It took away a lot of money and so it raised a lot of prices on products that you would need for everyday use.
Http://www.ucs.louisiana.edu/~ras2777/amgov/slavery2.html
<u>C. The Magna Carta</u>
The Magna Carta was a charter of rights in which King John of England agreed to sign on 15 June 1215. The document provided a new framework for the relationship between the King and his subjects, in which, for the first time, everybody, including the king, was subject to the law, it also stated the liberties of free men.
The limitation of the king's powers along with the establishment of individual rights had a great influence on the Origin of the U.S.'s Constitution.
It caused Homelessness, Hunger in millions of families and people were left in the streets cold wrapped up in news paper.
