ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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break-of-bulk points
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consumers
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raw material
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major urban areas
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their sources of inputs
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Detailed explanation-1: -Multimodal Shipping Multimodal is defined as the movement of cargo from origin to destination using several modes of transportation. In this instance, however, each mode is operated by a single carrier or multiple carriers, but under a single contract or Bill of Lading. A single carrier for a single journey.
Detailed explanation-2: -mass transit …the movement of people within urban areas using group travel technologies such as buses and trains. The essential feature of mass transportation is that many people are carried in the same vehicle (e.g., buses) or collection of attached vehicles (trains).
Detailed explanation-3: -Walking: Walking is the most important form of urban transport.
Detailed explanation-4: -Transport plays a vital role in urban development. Transport systems provide essential mobility options for people and goods and influences patterns of growth and the level of economic activity through the accessibility it provides to land (Meyer and Miller [12]).