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About the Video: Southwest Airlines was established in 1967 as a small in-state airline that was legally only allowed to fly within the state of Texas. That all changed in 1975 when the industry became deregulated and Southwest expanded their operations. Today, they are the most flown airline in the United States.
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Watch the previous episodes of Business History below!
Episode 3: How the Worst Day in Wall Street History Happened
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Episode 2: Why the World Abandoned the Gold Standard
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Episode 1: The World's First Billion Dollar Company
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