In: Economics
Discuss the excessive demand for automotive transportation and how possible solutions can aid in developing a vibrant regional or urban economy
There are many factors that contribute to excess demand for automotive transportation:
*As the subject, the question belongs to economics:
From an economic standpoint. The measures will be:
Incentive | Economic Instruments |
Discourage motorized vehicle ownership |
Tax or charge on new vehicles and charge on scrapping |
Restricting the number of new vehicles | |
Encourage the switch to public transport | Restricting access to urban centers |
Tax on roads | |
Subsidies for public transport | |
Encourage Lower emission Technology and Innovation | Emission fees |
Tax differentiation based on emissions |
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