Transportation: An efficient transport network is a prerequisite for rapid economic growth. Historically, the economic development of a country speeds up with an improvement in transportation facilities. Economic growth happens through transfer of ideas and technologies from urban areas to remote places. High-speed transport allows movement of goods in less time and thus helps to save more time for productive work. A network of high-speed trains between metro cities and state capitals can drive the growth of national economy. Similarly, all weather roads between villages and nearby towns can act as catalyst for promoting the growth of vast hinterland. Logistics costs account for approximately 14% of GDP in India, whereas it 's just 4-5% of GDP in developed countries. It implies that India has been spending a relatively high proportion of its income on transportation of goods. Insufficient multi-axle trucks and unreliable freight trains have resulted in high logistics costs and this has acted as a drag on the economic growth of India.
Roads: National highways from the economic life line of any country as they facilitate development along adjoining areas. Roads
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The poor maintenance of rail tracks often results in derailment, causing serious losses of life and property. Most of the important trunk routes are congested due to rising passenger traffic and little capacity addition in the previous years. It severely hampers the movement of freight trains that are main revenue earners for Indian railways. There is a need to increase the operational efficiency through manpower rationalization and better utilization of existing assets. Currently, the operating ratio of Indian Railways is more than 90%(i.e. to earn a revenue of Rs 100, it spends more than Rs 90). Basically, it generates very little for reinvestment and remains dependent on the general
Indian Ocean trade in the 11th century to the 15th century was crowded by muslim merchants and surrounding countries like Africa and Asia. It was there where they would trade items such as woods, spices, precious gems, and much more. The Indian Ocean trade was known for its very predictable monsoons which allowed traders to travel much faster. The ocean is home to many islands as well as coasts of Africa and Asia. The trade was very peaceful and organized until the dominant Portugal attempted to take the lead in the trading system.
The first set of roads were in NorthWest when cities were organized into equal organized squares, also used to organize the “Federal City”, Washington D.C. However the question was not whether they should be built, but
There was not enough information to calculate capital expenditures that associated with the implement of new
In document 7, the railroads in imperial india connected regions like never seen before. This was due to the fact that for most of its history the region’s been largely
The US went through revolutionary advancements in transportation from 1800 to 1840. The transportation improvements had substantial effects on the economy and also individual development. People could now buy goods that were made in places faraway because access was easier to towns and cities and people’s experiences grew as they were able to be more mobile (309). The roads were inadequate in 1800, so the federal government funded the National Road in 1808 to establish its dedication to improve the roads in the nation and so then by 1839 the East and West would be tied together (309). Commerce was still inadequate even with the National Road funded which improved transportation.
Comparison and Contrast Essay While the Indian Ocean and Trans-Saharan trade routes both encouraged and facilitated the spread of Islam, the Indian Ocean saw a more extensive diffusion of disease, and traded across water instead of land. Islam was a widespread religion amongst both trade routes, but other religions, like Buddhism, were not as popular along the Trans-Saharan route. Through the time period, we see evidence of Islam’s dominance in the form of muslim architecture and the rulers of the time period.
Without the creation and spread of these transportational innovations, the United States of America would have progressed differently. Workers were now able to travel to business centers more efficiently and faster paced as well. Businesses are able to expand even more, because they can now hire people from a larger area. This increases the amount and quality of workers that
From 600 AD to 1750 AD, the expansion of trade and commerce on the Indian Ocean was transformed by traders and merchants from peoples such as Persians, Arabs, and Indians. However, there are more changes because of the participation of other cultures and people in the trading system. One significant continuity was the use and emergence of the same trade routes for both exports and imports of goods such as ivory, gold, and iron. A significant change was how the commerce around the Indian Ocean economically flourished. Places like East Africa, the Red Sea, India, and the Persian Gulf were all incorporated into the trade route when the commerce was rapidly developing in the Indian Ocean.
John Dingler Frau AP World 16 January 2022 Portuguese in Indian Ocean Trade DBQ Since the beginning of trade, countries have developed routes to help increase the distance of trade, the efficiency, and the economic wealth of the states involved. This is exemplified within the Indian Ocean Trade Route throughout history because of the numerous different empires that benefited from peaceful trade in the region. For example, the Abbasid Empire was able to expand the Islamic faith and education throughout Asia in the period of 750 to 1258 C.E because of their use of the trade route.
The building of roads, canals and railroads played a large role in the United States during the 1800s. They served the purpose of connecting towns and settlements so that goods could be transported quickly and more efficiently. These goods could be transported fast, cheap and in safe way through the Erie Canal that was built to connect the Great Lakes to New York. Railroads were important during Civil War as well, because it helped in the transportation of goods, supplies and weapons when necessary. These new forms of transportation shaped the United States into the place that it is today.
During a poetry unit, many high school students have read the words, “Two roads diverged in a yellow wood.” These are the opening lines to “The Road Not Taken” by Robert Frost, a famous poem included in his collection Mountain Interval. The poem starts with the narrator walking in the woods and seeing two roads split from each other. He has to decide which road to take since this decision will forever shape him as a person. The speaker must recognize what can be gained and lost by each individual road and the choice to follow it.
P-Political factor: - In the political factor, this alludes to government approach for example, the utilization of renewable vitality. Political choices can affect on numerous indispensable ranges, for example, the earth of the workforce, the people 's wellbeing and the quality of innovation, for example, crossover framework. There are few points under the political factor that affects the Toyota motors in the Indian market like… Government support and attachment in businesses of Toyota Motor in India. There has additionally been a proposal for expense unwinding on venture of more than Rs. 500 Crore.
And found the main difference to be the infrastructure. As a result India has built 3,355 miles of highways, 150 billion on infrastructure, 50 billion on decrepit airports, ports, and roads, 75 billion on power plants and another 25 billion for telecommunications. India is, “the fastest-growing free-market democracy in the world,” said Nath. “China is winning the sprint, and we are going to win the
An introduction to highway building: Although there are many methods to constructing a road, all are based on the principle that geographical objects are removed and replaced with harder and more wear-resistant materials. The pre-existing rock and earth is removed by digging or explosions. Tunnels, embankments and bridge are then added when necessary. The material that the road is being constructed from is then laid by various pieces of equipment, which will be looked at in greater detail in this assignment. The construction management of roads has become increasingly more difficult as larger structures are constantly being required in increasingly short amounts of time.
At first these companies has incur lot of expenses in the form of business modelling, testing and marketing their concept. Since, these companies are very small and initially operated and financed either by an individual or by partners together thereby the companies face many challenges with limited resources availing with ample opportunities. Now, if we see