Question

Deregulation, like all changes in government policy, always has pluses and minuses. What do you think some of the minuses might be for airline deregulation?

a. Increased competition leading to decreased fares.

b. Improved service quality for passengers.

c. Higher prices due to reduced competition.

d. Enhanced safety measures and regulations.

Answer 1

One of the negatives of airline deregulation is the potential for enhanced safety measures and regulations to be compromised. Without government oversight, airlines may prioritize profits over safety, leading to lax safety measures and regulations.

Step-by-step explanation:

One of the negatives of airline deregulation is the potential for enhanced safety measures and regulations. When the government regulates the airline industry, it has strict safety guidelines in place to ensure the safety of passengers and crew. However, with deregulation, there is a possibility that some airlines may prioritize profits over safety, leading to lax safety measures and regulations.

For example, without government oversight, airlines may cut corners to reduce costs, such as reducing maintenance or training standards. This could increase the risk of accidents and safety incidents. Additionally, without regulations, airlines may have less incentive to invest in safety enhancements or improvements, putting passengers at risk.

It is essential to strike a balance between deregulation and safety to ensure that the airline industry remains competitive while still maintaining high standards of safety for passengers and crew.