What did President Carter do to force large companies to become more competitive? (1 point) Responses [Choice A] encouraged banks to relax rules for issuing credit [Choice A] encouraged banks to relax rules for issuing credit [Choice B] closed corporate loopholes in the tax law [Choice B] closed corporate loopholes in the tax law [Choice C] eliminated government regulations [Choice C] eliminated government regulations [Choice D] reduced the cost of fuel

1 answer

President Carter's administration took measures to encourage competitiveness, and the most relevant choice from your list would be:

[Choice B] closed corporate loopholes in the tax law.

This action aimed to create a fairer business environment and encourage large companies to become more competitive.