Summary
According to Dowell (2017), transportation initiatives and infrastructure are one of the major pillars of an economy. Transportation initiatives contribute to the economy in ways such as employment, productivity, tax, property value and entrepreneurship among others. Transportation affects individuals and societies economically through adding to their day to day activities in one way or the other. The impact of transportation regards to benefits to individuals and their effects on the economy as well as the direct contribution to the economy. Thus, transportation is a vital part driving the economy by influencing development objectives.
Another article titled Transportation benefit-cost analysis: Economic effects , observes that transportation mostly affects economic development by facilitating the development objectives. Transportation projects, therefore, need to be efficiently planned to serve the commercial purpose. Impacts of transportation on the economy overwrap hence the need for careful analysis to derive the results. Mostly, the extent of the economic effects is a measure of the impact to the society as a whole. For instance, reduction in pollution by more clean energy automobiles is a benefit to the community. Other interests include the ability of transports channels to enhance cost-effectiveness accessibility, physical networks and facilitate economic processes.
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Meaningful Ideas
From the two articles, it is evident that transportation facilities Plays a central role in economic development. Transportation facilities are key contributors to cost savings that accumulate to affect the economy. The idea is that transportation or rather good infrastructures enable individuals to save time and money and investing in developing another economic aspect. For instance, with air transport, people can travel several miles in hours for meeting and transactions hence saving time (bca.transportationeconomics, n.d). Another good example is that good transport networks ensure low environmental pollution thus avoiding the pollution risks, therefore, sustaining the economy.
Nevertheless, infrastructures facilitate accessibility of both labors and efficiency. Transportation enables the workforce to move from their home to their workplaces. On the other hand, it increases the scope of the geographical area to source for employment. Employers can employ people from a different geographic location within and without the country. Expertise can be sourced from foreign countries as they can travel to the offices or the work centers with ease. In other words, transportation enables businesses to run efficiently by allowing movement of goods from one place to another and accessibility of labor. Therefore, when businesses have a better running chance in the economy grows and there is an economic advancement. Without transportation networks, movement and accessibility become a challenge for companies stagnating the economy.
Personal Connecting
Transportation plays a role in the day to day activities of individuals whether professionally or personally. Transportation enables students to get to school on a daily basis to gain the knowledge and skills required in the marketplace. Students can pursue their courses from an institution they prefer regardless of the distance from their homes to the facilities. Transportation makes it possible to access the school. On the other hand, transportation enables one to seek other services such as medical services from best practitioners regardless of the location. Also, transport allows individuals to exploit their interest in travel and experience the diversity of the universe. By exploring and accessing services, the economy shifts towards growth and development.
Changes
From the analysis of commercial transportation, one can derive some smart ideas that when implemented amount to more significant benefits. An excellent example of a profound change to implement is maintaining transport infrastructure in excellent condition. Through the analysis of economical transportation, I see the benefits derived from transportation networks hence I can play a role in allowing transportation as much as I can. Maintenance would involve ensuring personal vehicles are roadworthy to minimize accidents and embracing clean energy to eliminate pollution on the transport networks.
References
Dowell, P. (2017). The top five ways transportation impacts economic development. Civil + Structural Engineer Magazine. Retrieved on 2 February 2018, from https://csengineermag.com/article/top-five-ways-transportation-impacts-economic-development/.
bca.transportationeconomics. (n.d). Transportation benefit-cost analysis: Economic effects . Retrieved on 2 February 2018, fromhttp://bca.transportationeconomics.org/benefits/economic-effects.
