Role of Transportation

Topics: Economics, Economy, Economic growth Pages: 4 (1119 words) Published: May 18, 2011
Importance of Transportation Infrastructure in Society


Spring 2011


Prof. Name


Transportation infrastructures are a key component of a nation's critical infrastructures, covering physical assets such as airports, ports, and railway and mass transit networks as well as software systems such as traffic control systems. Transport systems composed of infrastructures, modes and terminals are so embedded in the socio-economic life of individuals, institutions and corporations that they are often invisible to the consumers and somewhat taken for granted. Understanding the huge importance of transportation infrastructure in society is the purpose of this case study.

Regarding transportation infrastructures, movement or mobility is one of the most fundamental and important characteristics of economic activity as it satisfies the basic need of going from one location to the other, a need shared by passengers, freight and information. Economies that possess greater mobility are often those with better opportunities to develop than those suffering from scarce mobility. Reduced mobility impedes development while greater mobility is a catalyst for development. From earliest times up to the present, transportation is an important and vital function in all societies, virtually in all developed economies. Transportation systems provide the necessary critical links between producers and consumers both domestically and globally ( People in societies worldwide are always dependent upon transportation systems/ infrastructure to move products from various locations where they are produced to markets where they are needed and can be sold and consumed. It is a reality that efficient transportation systems are essential for businesses and supply chains to produce and sell products and services. Like many societies and economic activities that are dependent on infrastructures, the transport...
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