what are the effects of a transportation system in an economy

#effects #transportation #system #economy

Transportation is a system that helps move people, animals and goods from one place to the other. It could be via

road

, water,

rail

and air. The effectiveness and efficiency of a

transport

mechanism cannot be over emphasized as it has both positive and negative impacts on the economy of any nation.

This

essay will delve into the positive effects of a robust transportation

network

Firstly

, a good

transport

network

could determine the ease of doing business in a particular location. Investors all over the world consider how easy it will be for businesses to thrive in an environment before investing in any country. One of the indices for measuring the ease of doing business is the available

transport

network

. Business owners want to have reasonable assurance regarding the possibility of free flowing movement of its employees as well as goods and services, around the cities and across locations either via

road

rail

, water and air.

In addition

to the above, a reliable

transport

network

helps to reduce the start up cost of a company. The availability of

rail

lines and good

road

networks, translate into the company channeling the available working capital into other things as the need to acquire staff buses will not arise. The multiplier effect of

this

is that the employee cost of hiring a driver, fuel expense and maintenance overhead will be eliminated.

Thus

, these savings will be channelled into other

acquring

the act of acquiring something

acquiring

other assets.

Consequently

, the company will make more profits and

this

will result

into

Suggestion

more tax for the government.

Thirdly

, the robustness of the transportation

network

involves

Suggestion

involve

putting alternative means of movement in place to avoid dependence on a single system.

This

implies that

road

rail

, water and air

transport

will be made available and affordable for the movement of people, services and goods.

As a result

, the stress of spending more time

traveling

the act of going from one place to another

travelling

on busy routes and frequency of sick leaves arising from

traffic menace

Suggestion

the traffic menace

will be reduced to the minimum.

Also

the wastage of man hours due to

road

conjestion

excessive accumulation of blood or other fluid in a body part

congestion

will be largely removed. In conclusion, a

trust worthy

worthy of trust or belief

trustworthy

transport

network

do not only help improve the lives of individuals and corporations but in general, translates into increased foreign direct investment for the country. It

also

helps to provide more funds for the government in the form of revenues and taxation.

Submitted by okwoliaromesamuel on Sun Aug 25 2019

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what are the effects of a transportation system in an economy

Fully explain your ideas

Some people think that developed countries have a higher responsibility to combat climate change than developing countries. Others believe that all countries should have the same responsibilities towards protecting the environment. Discuss both views and give your opinion

In many countries, crime rate is increasing. What do you think are the main cause of crime? How can we deal with those causes?

Big salary is much more important than job satisfaction. Do you agree or disagree?

Children’s education is expensive. In some countries, the government pays some or all of the costs. Do the advantages outweigh its disadvantages?

Memorising facts is the most important way to succeed in education. To what extent do you agree or disagree with this statement? Give reasons for your answer and include any relevant examples from your own knowledge or experience.