The principle of collective responsibility states that the ministers are responsible collectively for the consideration, determination and coordination of the main lines of policy and for the conduct of the departments of government, each minister is also responsible for the management of his individual department.
Deregulation is the process of removing state regulations. It is therefore opposite of regulation which refers to the process of the government regulating certain activities. It is also seen as the reduction or elemination of government power in a particular industry, usually eceated to creat more competition with the industry.