Regulation of airline fares under the Civil Aeronautics Board meant the government prevented the entry of new competitors to maintain high...
lux998Regulation of airline fares under the Civil Aeronautics Board
meant the government prevented the entry of new competitors to maintain high ticket prices.
made it possible for lower-income Americans to afford air travel for the first time.
created incentives for optimal resource allocation.
lead to greater innovation in the airline industry at a cost of higher ticket prices.
12 years ago
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