What is the connection between transport and economic growth?

transport and economic growth are closely interconnected, largely because businesses require quality roads, bridges and tunnels to allow them to transport goods to their distribution stores and customers. A good railway network also helps to transport goods to customers and employees at their workplace. Network of natural or artificial internal waterways can allow relatively cheap transport of bulky goods and equipment and can facilitate the transport of agricultural products. International road, rail, sea and air transport can strengthen international trade and enable domestic businesses to expand to international markets. The delivery of finished goods from the factory gate to distributors in various regions of the country depends on the national fellow Aneport, which can cope with the number of goods transported in the economy. It is particularly important for countries with large land and over long distances between production and markets. Examples of connection between transport and economic growth include the development of rail and channelNetwork during the Industrial Revolution in England.

The connection between transport and economic growth is clear in the field of international trade. Countries involved in international trade require sophisticated transport nodes that can receive and pass on transport received from abroad, in addition to helping domestic companies to export their goods. These traffic hubs can be airports, maritime ports or inland dry ports, which are connected with sea or air ports along the road, rail or inland waterways. Quick transport connections to the outside world can speed up delivery to destinations and reducing exporter costs. The combination of international transport connections and domestic transport can ensure that imports into the country are distributed quickly and at low costs.

Some international transport projects increased the economic growth of the world drastically shorten Drepair routes or speed delivery. The completion of the Suez Canal was shortened by the transport time between Europe and Asia by avoiding the need to sail around the Cape of Good Hope. Similarly, Panama Canal made it possible to travel between the Atlantic and the Pacific. Railway connections, such as Trans-Siberian railways, also helped national and world economic growth by opening new markets and new sources of raw materials. The connection between transport and economic growth is also demonstrated by the first transcontinental railway, which joins the eastern and western coasts of the United States and provides support for growth that has opened new possibilities for Ovovoj.