Summaries from the textbook. Relevant stuff only

CHAPTER 2
TRANSPORT AND ECONOMIC
DEVELOPMENT

,LEARNING OUTCOMES
By the end of this chapter, you should be able to:
• Explain the relationship between transport infrastructure
investment and economic productivity;
• Explain link between economic development and levels of
transport provision (freight and passenger);
• Describe the supply led and demand led models of economic
development and transport;
• Explain transport’s role in the operation of the whole economy;
• Describe the role of transport in society.



2

,INTRODUCTION
Transport, economic development and the
evolution of society
In your opinion what role has transport
played in economic development and the
evolution of society?



3

, INTRODUCTION
Transport, economic development and the evolution of society
In the past
•Lifestyles were self sufficient
•There was no division of labour
•All basic needs being provided solely by the individual
•There was no separation of production from consumption
•Transport was not required
•Trade of goods and services did not exist




4