Topic: Fast Transportation Makes Economic Turnover Faster - page 3. (Read 888 times)

One main key to economic growth is a low -cost distribution system so that agricultural or industrial products can be sold easily, and it is natural that the country is carrying out infrastructure development with the aim of reducing distribution costs. And of course with good transportation infrastructure will easily make investors interested in investing.

Investment in infrastructure really has a huge impact on the economy,
I think nowadays we are increasingly aware that infrastructure is also a very important part,
with smooth distribution, there will not be a scarcity of goods and prices will not increase either.

It can be said that the most important thing after production is transportation, with good infrastructure the production results will be easily distributed to customers so that the price difference is not big, and my country is now actively creating infrastructure to support a faster distribution process.

The benefits of expedited shipping must be carefully weighed against the costs incurred. For example, raw items such as fresh fruits, vegetables, and seafood need to be transported quickly to ensure food quality and safety. Rapid transportation of fresh food can be expensive due to the use of specialized facilities and special storage methods such as refrigeration systems. At the same time, it is also necessary to have staff who have been trained and understand the process of transporting and preserving fresh food. Find the best shipping solution to ensure high margins in the fresh food industry.

it's the same as in my country which is building fast trains, to reduce transportation time between the two regions. although there are many pros and cons, this can be felt for the long term, where the train is a means of transportation that is free of obstacles and can estimate time quickly. in the future this aims to lift the economy, and if successful I'm sure there will be more development for other areas considering the costs used are not small, but for the long term I think the train will be the main mode of transportation

It's definitely true and there needs to be a way so that transportation of goods and services gets faster so that there is no delay and that will surely bring a change in the economic growth of a country, but I don't think that flying humans suits are the solution for this, especially when the production and maintenance cost of these suits is already too high, on top of that, the workforce will need to be properly trained to be able to use the technology.

There needs to be another solution for this, just like how transportation for humans from one place to another has been transformed after metro trains and buses were invented that have their own routes and the traffic doesn't affect them so that people who are traveling reach their destinations on time.

Totally agree with it. Most progressive country have a very good transportation system. Like our country before, in our history, we have the most advance train system that made us progressive but after the war started those train system was neglected and more roads build. Instead of developing it for more effecient way of travel (cheap and fast)

Yes, it's true and there's no denying that transportation is the most important thing for everything and can facilitate many things.
If transportation is hampered, many parties will be disadvantaged, production costs for a company will increase and market prices are unstable which will have an impact on the economy, so it is clear that transportation is one of the main things that will affect the economy.

That video does seem real. But as far as I know, jetpacks are not for individual use. Only government-issued organizations can use it. But I might be wrong about this. And operating a jetpack to deliver pizza does not makes sense. The delivery fee is a fraction of what is needed to use a jetpack. This video could be a way to show us that it is possible and in the future, it will be available everywhere.

Fake or real, the facts still remain the same. Fast transportation does help the economy. It allows for raw goods to be transported quickly to the manufacturer so that they can save time. Some products are time-sensitive. Transporting them overseas could be challenging. With fast transport system, we can save time and also the quality of goods. This will also allow us to cover more grounds in the international market. It's going to increase the trade, decrease the price.

Price is determined by supply and availability. If the product is available, then fast transportation will ensure more supply. This will gradually decrease price because the supply will be much better with this.

So yes, real or fake doesn't matter. What we need is more technology like this, which will ensure fast transportation. It will make our life much easier and help the economy to grow is a rapid speed.

I agree with you the emergence of fast transportation now can certainly contribute in making economic turnover faster. When goods and people can move quickly and efficiently, business can operate more smoothly and respond more quickly to changes in demand. This can lead to increased productivity and profitability, which in return it can drive economic growth. If a country has a fast transportation the mobility of the goods to be delivered to respective cities can cover up the supply and demand. It is good especially when the goods we will transport is perishable with fast transportation it can prolong the freshness of the goods.

Cheaper and faster transportation of not only goods but also humans helps economy. Im pretty sure its effects on economy was measured and found out very beneficial. Most of posters are right here under thread. I think there may things to add. For example when you have issues with transportation even producer profits are delayed and it causes damage on their future production because they may need to make more money to continue.

Unfortunately the example used of Pizza being delivered  by jet pack won't hilight the role transportation plays in our day to day activities.

But it would be eye opening if we looked at transportation being part of infrastructure side of an economy, which means delivery of goods and services is affected positively,  quality of life is improved so are provisions of quality well paying jobs... Tbh it's a bit complex to see how transportation plays a role in our economies on its own,  but if you look at the manufacturing industry fkr example,  you will realize lead time depends on the transportation side, which also requires quality infrastructure  such as good roads,
good railway systems, availability of airports etc and if these exist means paying less on goods and services as access to our homes or suppliers is easy to get to and less spoilage etcetera.

After analyzing the world wide increasing population, transportation is very crucial part for population as well as country's economy also use to depend upon transportation. If there is good transportation then several opportunities will be create. I am not saying that country's economy only depend upon transportation but this is also true without good transportation its almost get fail. When country or state have an enough raw material from where they can create employment or can make good money just because bad transportation facility they are not able to do so.

To develop the economy in a country, transportation is the main thing that must be developed because every need with fast transportation and will save so much time then this will increase income in a country because the economic round is getting easier, then the jet pack is the right solution for shipping an item and ordering an item will be faster to receive, So this would be a very useful solution.

Well, the idea is that people could be making their own decision and the amount of work they do equals to the amount they make. Sure there are some volatility here and there, but when you are doing delivery for example, like ubereats and other similar stuff, that means you are going to work as much hours as you want, and any time you want, and you will live a life you want.

For example, you hate waking up early? Wake up at 11, have breakfast, go out at 12, work for 10 hours, be back at 22 pm, and have like 4-5 hours of life at night like you always dreamed of, and you can make enough money to support your family that way as well. I have a friend who delivers for the biggest ecommerce company in our nation, think of amazon but for our nation, and he makes 3 times more than the minimum wage, and he works only 6 hours a day for 5 days a week.

If a country wants to really develop in all aspects, especially in the socio-economic field, having a transportation system is very important because it directly affects the efficiency of socio-economic development. To connect regions, connect socio-economic activities between regions, and connect the country and the world, it is possible to have a good transportation system. So it's no exaggeration to say that transportation is the lifeblood of an organization. Good traffic makes everything easy. If traffic is bad, things will come to a standstill.

I do agree that a reliable transportation has huge impact on distribution chain that highly affect economy. But specifically for the Jet Pack Pizza Delivery, I think that's more of a gimmick than an actual innovation. It will be more effective for domino to put several Food Trucks in the Festival area. Less cost, more capacity, less time. Moreover, I don't think people are eating pizza while at the same time watching a concert, they will ate the pizza in between the performance and not near the stage area, just find a proper place to eat, so using jetpack is not necessary.

reminds me of infrastructure development in my country, where currently it is intensively building its transportation system and infrastructure, especially with large areas and with varied natural contours, a fast distribution system is needed. as an example for rural people who are majority farmers, with faster distribution, their agricultural produce does not rot until it reaches its destination, that way it will be able to reduce prices and of course the economy will run smoother, even for other goods, with easy transportation, the necessities of life for people village can easily be fulfilled at a low price

Oh yeah, of course. Speed matters in any economy. The faster the better because that means goods and services are delivered quickly. It also means money moves fast. Income is fast. And the faster the money moves, the better. If deliveries move fast, raw materials move fast, production also moves fast. Consumption also moves fast.

In my country, there's extremely heavy traffic in many urban areas. Infrastructures are wanting. As per estimates, around $54 million a day of productivity is lost because of heavy traffic congestion. That's $18 billion a year.^[1]

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[1] https://blogs.worldbank.org/eastasiapacific/philippines-traffic-woes-and-road-ahead

There are two main ways to achieve economic benefits, Connectivity, and transportation. With the advent of technology, transportation has become faster and faster. With this rapid moment of goods and services countries have seen a boom in economies. With fast transportation, a country can quickly transport raw materials which will in economic boom.