The deregulation of telecommunication services in Nigeria is a characteristic of
- command economy
- traditional economy
-
market economy
- feudal economy
The correct answer is: C
Explanation
Deregulation is the reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. It is a characteristics of a market economy.
A market economy is a system where the laws of supply and those of demand decide the production of goods and services.