Help the Chairman of the Joint Transportation Task Force (discussed in the beginning of this chapter) by providing a rationale for spending money from the stimulus package to improve and maintain the transportation infrastructure. In other words, why should the investment be made in improved transport systems?
Answer to relevant Questions“Improved transportation systems can also have social and political significance.” Explain. Adam Smith stated the specialization of labor was limited by the extent of the market and that transportation helps to expand the market. Explain this statement. Discuss the advantages and disadvantages of increasing regulations relating to transportation safety and security. Be sure to include both transportation providers and transportation users in your discussion. What are transportation user charges? What is the purpose of such charges? What are the major forces that affect carrier pricing strategies?
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