Refelect
Instructions
Pt 1 How will Transportation Economic apply to your daily life and degree, and how would you improve this class.Pt 2 Watch the video on (Top 10 Economic Predictions for 2010).you tube. Take one prediction of 2010 and prove whether it is came true or not.
Answer
Part IHow Transportation Economic Will apply to My Daily LifeTransportation economics study how transportation projects impact the community's development objectives and how transportation resources can allocate efficiently. It, therefore, deals with identifying projects that can minimize transportation costs and improve accessibility to increase economic productivity and development (Wood, n.d.). Overall accessibility refers to the efficient use of transport in transporting goods and services to where they are needed and people traveling to acquire services to places such as work, schools, and hospitals. The aim of reducing transport costs includes factors such as pollution and accident damages, operating costs, travel time, and road and parking facility fees. Transportation economics can...
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