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Question: By the early 1980's, only airline security remained under the control of the federal government. Although airline deregulation happened over 30 years ago, the ongoing effects are still being felt today.
1) Compare the arguments from advocates and proponents of airline deregulation. Include a discussion on the advantages and disadvantages as well as the costs (indirect/direct) associated with deregulation.
2) Hypothesize the potential future effects on this mode under the current deregulated system. Include a discussion of the impact on the industry and people involved (stakeholders).
3) Theorize the health of this industry in absence of deregulation. Include a discussion of the impact on the industry and people involved (stakeholders).
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The paper is about the details of how the economy of the nation will get affected when transportation facilities are under the government and how it gets affected when it is in the hands of the free market. This paper talks about effects of the economy by regulations and deregulation of air transportation. When compared to the effects of both the situations it was observed that each of them has their own effects and mainly by deregulation the economy of the nation got increased along with quality in services. The paper has been prepared in Microsoft office word document.
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