AWS HTTP API Gateway Throttling (API Rate Limiting)

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In this video we will take a look how to configure API Throttling for AWS API Gateway. API Throttling in AWS has the following properties:
Throttles are applied on a best-effort basis and should be thought of as targets rather than guaranteed request ceilings.
API Gateway throttles requests to your API using the token bucket algorithm. Set both burst and rate of limits.
Responds with 429 Too Many Requests
You can set target limits for API stages or specific API routes. Account throttling limits set by AWS are shared by all APIs.