What is the Economic role of Transport?
Share
What is the Economic role of Transport?
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
⬆️⬆️hope it helps you:)
Answer:
Development can be defined as improving the welfare of a society through appropriate social, political and economic conditions. The expected outcomes are quantitative and qualitative improvements in human capital (e.g. income and education levels) as well as physical capital such as infrastructures (utilities, transport, telecommunications).
Explanation:
The development of transportation systems takes place in a socioeconomic context. While development policies and strategies tend to focus on physical capital, recent years have seen a better balance by including human capital issues.