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The Economic Rationale for Toll Roads - Essay Example

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The Economic Rationale for Toll Roads

It will analyze the benefits and cost that are associated with tolling which is used widely in the world. But first let us take a close look at road transport system in the world n order to understand the rationale behind tolling.
Road transport is perhaps the oldest mode of transport in the world. It has a long history that spins many years ago. This was due to various means of transport that could use roads. The earliest means of transport that was used on the road were animals. Donkeys, mules and horses have been recorded as the being the oldest means of transport that were used in the world at the beginning. The civilization that was taking place in Mesopotamia that led to the invention of the wheel revolutionized road transport as other means of transport were invented. Key among these means of transport invented at that time was carriages. At the same time, John Macadam developed what could be termed as the modern form of roads. Though his road did not use bitumen and other material used today, it gave travelers a comfortable ride. This was a big reap forward in the development of road transport. The development of macadam road led to the development of modern load.
But perhaps the greatest development in the development of road transport was the invention of car by Daimler and others. ...
Roads have facilitated movement of people and goods in all parts of the world. They have helped to link one community with another and one country to another. Movement of people and goods is or crucial importance in the development of our economic systems. Without proper transport mechanism in place, countries would be locked from the others and communities will be isolated. Thought there have been development of other means of transport from like railway and air transport, roads remain a choice of many people and it will taken long before road transport loses its value to the world. But why is road transport preferred by many people There are many reasons why road transport remains a choice for many people.
Convenience
Road transport is convenient for use. One can drive a personal car or use public transport means at any time one wished. If you compare road transport to others you will find that railway and air transport are always scheduled which means they may create some inconvenience. The convenience in road transport here comes with fastness since one can be able to travel from one place to the other without having to wait for some kind of scheduling to take place.
Cheap
Road transport is also cheap compared to others. It has been found that the cost of traveling from one state or from one town to the other using road transport is relatively cheap than using railway or air transport. This makes road transport a choice of many people. It will be found out that it is easy to own and maintain a personal car than personal jet or a train.
These are just but some of the reasons why road transport remains a choice of many people in the world. But at the same time road transport is faced by many challenges ...Show more

Summary

Road transport has for along time become one of the most preferred modes of transport in the world. This has been due to many factors associated with the mode in comparison to other means of transport. It is also due to the factor the road transport is cheap and convenient…
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The Economic Rationale for Toll Roads essay example
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