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).