Contrast the trend of government regulation of the private sector under the Kennedy, Johnson, and Nixon administrations with regulatory trends under the Reagan, Bush, Clinton, and second Bush administrations.

Question

What will be an ideal response?

Answer 1

Beginning with the Kennedy administration and lasting for several administrations
after, the government entered a period of rapidly increased regulation of the private sector. Legal protections were established in many facets of the environmental and consumer protection sphere, and a number of regulatory agencies were established to do the regular work of monitoring companies and markets. Beginning with the Reagan administration and lasting through the second Bush administration, a period of deregulatory action began. Reagan argued that high levels of regulation had slowed the growth and competitiveness of business and dismantled much of the regulation established in earlier decades.