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Assess the importance of transport improvements to the UK economy (9 marker)

Sagot :

Answer:

Transport improvements are fundamental in improving the UK economy, but only to a certain extent. ... Until money spent on transport improvements is spread more evenly around the UK, there will continue to be an imbalanced UK economy.

Transport plays important role in increasing the economy by connecting the world easily and increase opportunities for import-export which will help in tax generation.

What is transport?

Transport is referred to as a medium that is used to visit one location to another. This medium can be airways, waterways, roadways, and so on. These modes of transportation made individual life easy by reducing the distance between them.

Well-maintained transportation investments lead to reducing the cost of transporting people and goods to a different locations. This will also enhance economic productivity.

These source of transportation helps in increasing connectivity and reducing distance which will result in increased productivity which leads to an increase in living standards.

Therefore, transport plays important role in the economy of the United Kingdom.

Learn more about transport, here:

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