The context factors act as Vehicle Mile Travelled (VTM) growth drivers. They include legal/political climate, family structure, social/cultural conditions and technological, economical and institutional structure of the American society. The discussion provided for the impact of the outlined factors is one-sided. Most of factors such as decentralization of companies can have either effect. Travel requirements decreases as a person ages due to the decrease in the activity level and decrease in work related travels. Contrary to the earlier arguments, the aging factor does not increase or reduce the VMT. This is because the decreased levels caused by the aging population are countered by the increasing travel levels caused by the maturing young adults. However, the improved health, wealth and higher licensing rates for the elder women have curtailed the reduction in the rates of mobility for the older generation. The argument on the aging factor overlooked the impact of the economic growth on the VMT. This reduces the rate of VMT. Changes in the nature of work will reduce VMT because most of the employment agencies and individuals are applying the use of computer technology to enhance production. Most of the workers can work from home and avoid travelling to their work places. Most institutions of higher learning are also leaning towards introducing online lessons. This will reduce the travel requirements for most students. Decentralization of companies to rural areas can also contribute into the reduction in the VMT because companies may be located near the workforce thus, negating the travel necessity. Finished goods will be brought near retailers and consumers negating the necessity of travelling over long distance to acquire them. The impact of the aging population is reasonable because the travelling tendency of a person is dependent on the activity level. The travel frequency increases as a person matures to middle age. Children may not directly produce VMT but they increase the travel demands for their parents. The middle aged adults would directly increase the VMT as they are in the peak levels of the work related travel. It is notable that the prevalence of dispersed suburban environments and more working parents have made many teenagers rely on auto-travel to and from school. The rise in the fuel prices will generally lead to the reduction in the VMT. However, changes will be insignificant because most people are forced to drive to and from work regardless of the oil prices. Stabilization of workforce participation rates may have either impacts i.e. it can reduce or increase VMT. The increase of women workforce may lead to the increase in the need for travel. However, the rate may still reduce because the involvement of women does not signify an addition in the work force. They just fill the vacancies that would have been filled by anyone, meaning that the number of the workforce is preserved as well as their travel needs. The impact of most of the outlined factors is dependent on the changes in other factors. For instance, changes in the increase in the cost of driving may increase VMT in case of the future growth in the economy and income levels (Ewing 2007). Changes in manufacturing and distribution and trends in the cost of real property are the two opposing factors that can lead to increase in VMT. The decentralization of industries due to the enhancement of new
Critical Analysis of the Trends in Vehicle Miles Traveled (VMT) in the U.S Name Institution Date Critical Analysis of the Trends in Vehicle Miles Traveled (VMT) in the U.S How reasonable are these arguments? What are the most important opposing factors that would drive a continued increase in VMT?…
America is also in a position to help other countries with its wealth and knowledge, but only if its government is able to treat those from other cultures with respect. One of the most interesting facts that I have learned in the last few weeks, is the way that America was first created by a mixture of different peoples.
According to (Silverman)“Every day thousands of people, including law enforcement officers, lawyers, judges, government officials and even accused criminals, take part in this system, hoping to settle disputes and work for justice.” In this judicial system, every state is handled by a separate set of courts relating to federal law which handles legal needs of people regularly.
All these macro economic factors involve the economy as a whole. This paper discusses the major current macro economic events that have occurred in the US in recent times and then explains how they relate to economic theories. Starting from the end of 2007, the US economy began to soften and was gripped with inflationary pressures that threatened to inflate prices at levels that have not been experienced in the country during the last few decades.
This paper mainly focuses on thorough reviewing of the recent major microeconomic tendencies in the US economy. Microeconomic events primarily relate with the patterns of decision making by individual consumers and firms and organizations, in terms of the manner in which products and services are to be consumed or produced.
Therefore, the major purpose for the enactment of the act was to deter, to detect and to have reasonable ground to prosecute those people, who commit acts of terrorism on the American soil and around the world.
United States Trade Deficit Name Course Name Instructor Date United States Trade Deficit Introduction In the recent years, United States has been faced with an unprecedented amount of borrowing. It has also managed to support its overwhelming account deficit without experiencing significant challenges in foreign investors holding its assets.
This paper will throw light upon the flaws in the US health care; the paper will also compare the health care offered in Italy so as to have a clear picture of the health care facilities provided in the country. The Medicaid policies will also be discussed in this paper which will present a good picture of the health care facilities in the country.
United States of America, argued on same day and decided by same court on a single day.
Federal agents had a supervising eye on the activities of Mr. Roy Olmstead, who was a suspected bootlegger. He maintained an office in the basement of his building. The federal agents
This article particularly identifies Poor People and children coming from families that get low incomes. Location in the US: The article mainly puts a focus on United States of America in general. Reasons for and Results of Hunger: According to the Inc. Hunger and Homelessness Survey, one of the main grounds of hunger in the United States is poverty and lack of way in to the available resources and the purchasing power.
The author states that the impact of the aging population is reasonable because the travelling tendency of a person is dependent on the activity level. The travel frequency increases as a person matures to middle age. Children may not directly produce VMT but they increase the travel demands for their parents.
7 pages (1500 words)Term Paper
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