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ASSESSMENT 1
CE123-2/A1
1. Each form of transportation has the shared goal of meeting a derived transport
demand, and each mode of transportation thus serves the function of facilitating
mobility. Transportation is a service that must be used promptly since, unlike the
commodities and resources it frequently transports, transportation cannot be held.
Mobility occurs through the use of fixed-capacity transportation infrastructures that
provide a transportation supply. In numerous cases, transportation demand is met in
the most basic way imaginable, most notably by strolling through a terrain that has
undergone little or no change. However, in some circumstances, such as air
transportation, extensive and costly infrastructures and modes are necessary to offer
mobility.
4. Investing in transportation reduces the cost of moving people and goods. This
raises economic productivity, which may be broadly defined as the output of goods
and services per dollar of private and governmental investment. Improved
productivity translates into a greater level of living. Because productivity is such an
important component of economic growth, it should be a primary consideration for
determining the worth of transportation investments. It is critical to prioritize
productivity even while policymakers attempt to achieve other long-term
transportation goals such as improved safety, energy independence, and
environmental sustainability. High-productivity transportation investments boost
economic well-being by increasing connectedness and reducing congestion. While
short-term job creation is critical to economic recovery, we must not lose sight of the
long-term picture.