Question

In: Economics

Discuss the excessive demand for automotive transportation and how possible solutions can aid in developing a...

Discuss the excessive demand for automotive transportation and how possible solutions can aid in developing a vibrant regional or urban economy

Solutions

Expert Solution

There are many factors that contribute to excess demand for automotive transportation:

  • Household wealth and vehicle ownership: As households become wealthier, they can increasingly own and operate motor vehicles
  • Road and parking facility supply and quality: Availability of these influences demand.
  • Prices (for fuel, road use, parking, transit fares): Low fuel prices more is the demand
  • The relative speed, convenience, and comfort of travel by private vehicle and public transport: Vehicles come with convenience, which increases demand
  • Walking and cycling conditions: The absence of these conditions makes people shift to automotive transportation, increasing demand
  • Land use patterns (the distribution of destinations): More complex a place and hard to access more is the traffic, which results in increasing demand.
  • Traveller habits and expectations: People like to travel more is the demand.

*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

**Hope this helped. Please Upvote**


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