Economic Systems
Contrast market and command economies.
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Reading Q&A
16-30 min
The Economics of Flying: How Competitive Are the Friendly Skies?
OVERVIEW
In this Page One Economics® reading assignment, learn about market structures and deregulation in the context of the modern airline industry. Years ago, airline passengers enjoyed more legroom and in-flight extras--for a price. Find out how deregulation increased competition, lowered prices and created crowded flights. Print the article.
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