[TYPE THE COMPANY NAME]
TRL2602
Assignment 1
(COMPLETE
ANSWERS)
Semester 1
2025 (258286) -
DUE 20 March
2025
[Type the document subtitle]
,
[Pick the date]
QUESTION 1: The Link Between Transport Development and Economic
GrowthTransport development and economic growth are closely interconnected, as
highlighted by Banister and Berechman (2001) in their article. Efficient transport
systems enhance accessibility, reduce costs, and improve the movement of goods and
people, leading to increased economic productivity. Infrastructure investments in roads,
railways, ports, and air transport create direct employment opportunities and stimulate
business expansion, attracting local and foreign investments. Additionally, transport
development facilitates trade by connecting rural areas with urban markets, thereby
promoting regional integration and reducing disparities.
TRL2602
Assignment 1
(COMPLETE
ANSWERS)
Semester 1
2025 (258286) -
DUE 20 March
2025
[Type the document subtitle]
,
[Pick the date]
QUESTION 1: The Link Between Transport Development and Economic
GrowthTransport development and economic growth are closely interconnected, as
highlighted by Banister and Berechman (2001) in their article. Efficient transport
systems enhance accessibility, reduce costs, and improve the movement of goods and
people, leading to increased economic productivity. Infrastructure investments in roads,
railways, ports, and air transport create direct employment opportunities and stimulate
business expansion, attracting local and foreign investments. Additionally, transport
development facilitates trade by connecting rural areas with urban markets, thereby
promoting regional integration and reducing disparities.