The importance of transportation in a nation and its people. When a nation is developed/ full economic growth, do you think that there is no impact and people are totally happy on it? If not? What are...

A4


Extracted text: The importance of transportation in a nation and its people. When a nation is developed/ full economic growth, do you think that there is no impact and people are totally happy on it? If not? What are the two types of externalities? How can you explain each of them? What are the modern/advance technology used in logistics and transportation and how these technological advancement contributes to the economic productivity of our times or of each nation they serve. What is price mechanism applied on transport investment? What is a market failure on transport investment and how it will happens?