There are four broad "stages" of development related to the extent of governmental regulation of the airline industry--define the four stages of development and how they impact the industry. 2. The aerospace industry is far greater than just the airlines--describe its characteristics and its economic impact on the overall U.S. economy. 3. Describe how in 1930, Postmaster General Brown consolidated the air mail business (include in your answer the outcomes).

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Four Stages of Airline Industry Development Regarding Governmental Regulation 1 Deregulation Prior to this phase governments heavily regulated the airline industry controlling fares routes and the ent... View the full answer