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Economics Of Car Use
Compared to other popular modes of passenger transportation, the car has a relatively high cost per person-distance travelled. The income elasticity for cars ranges from very elastic in poor countries, to inelastic in rich nations. The advantages of car usage include on-demand and door-to-door travel, and are not easily substituted by cheaper alternative modes of transport, with the present level and type of auto specific infrastructure in the countries with high auto usage. Public costs related to the car are several including congestion and effects related to emissions. Private benefits The benefits of using a car differ by many factors, in regard to location and culture. One general benefit is availability of use which, when coupled with public support via infrastructure (such as roads or fuel stations), can allow highly flexible movement and transportation. Because public transportations are not as well omnipresent and normally don't run at certain day periods, they m ...
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Passenger Transportation
Transport (in British English) or transportation (in American English) is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land ( rail and road), water, cable, pipelines, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fuel docks and fuel stations), and seaports. Terminals may be used both for the interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may inc ...
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Airplane
An airplane (American English), or aeroplane (Commonwealth English), informally plane, is a fixed-wing aircraft that is propelled forward by thrust from a jet engine, Propeller (aircraft), propeller, or rocket engine. Airplanes come in a variety of sizes, shapes, and wing configurations. The broad spectrum of uses for airplanes includes recreation, air transportation, transportation of goods and people, military aviation, military, and Experimental aircraft, research. Worldwide, commercial aviation transports more than four billion passengers annually on airliners and transports more than 200 billion tonne-kilometersMeasured in RTKs—an RTK is one tonne of revenue freight carried one kilometer. of cargo annually, which is less than 1% of the world's cargo movement. Most airplanes are flown by a pilot on board the aircraft, but some are designed to be unmanned aerial vehicle, remotely or computer-controlled such as drones. The Wright brothers invented and flew the Wright Flyer ...
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Toll Tunnel
A toll tunnel is a road tunnel where a monetary charge (or ''Fee, toll'') is required to pass through. This is done by a gate before entering the tunnel or online. List of toll tunnels United States Tolls removed * Hampton Roads Bridge–Tunnel, between Hampton, Virginia, Hampton and Norfolk, Virginia South Africa * Huguenot Tunnel, South Africa United Kingdom * Dartford Crossing, Kent to Essex * Kingsway Tunnel, Wallasey to Liverpool * Queensway Tunnel, Birkenhead to Liverpool * Tyne Tunnel, North Shields to South Shields * Blackwall Tunnel, Tower Hamlets to Greenwich * Silvertown Tunnel, Newham to Greenwich (2025) Ireland * Dublin Port Tunnel, Dublin * Limerick Tunnel, Limerick Türkiye * Göcek Tunnel, Muğla Province, Muğla * Eurasia Tunnel, Eurasia(Turkish:Avrasya) Tunnel, Istanbul, İstanbul Australia * Burnley Tunnel, Burnley and Domain Tunnels, CityLink, Melbourne * Melba and Mullum-Mullum Tunnels, EastLink (Melbourne), EastLink, Melbourne * Sydney Harbour ...
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Toll Bridge
A toll bridge is a bridge where a monetary charge (or '' toll'') is required to pass over. Generally the private or public owner, builder and maintainer of the bridge uses the toll to recoup their investment, in much the same way as a toll road. History The practice of collecting tolls on bridges harks back to the days of ferry crossings where people paid a fee to be ferried across stretches of water. As boats became impractical to carry large loads, ferry operators looked for new sources of revenue. Having built a bridge, they hoped to recoup their investment by charging tolls for people, animals, vehicles, and goods to cross it. The original London Bridge across the river Thames opened as a toll bridge, but an accumulation of funds by the charitable trust that operated the bridge ( Bridge House Estates) saw that the charges were dropped. Using interest on its capital assets, the trust now owns and runs all seven central London bridges at no cost to taxpayers or users. I ...
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Toll Road
A toll road, also known as a turnpike or tollway, is a public or private road for which a fee (or ''Toll (fee), toll'') is assessed for passage. It is a form of road pricing typically implemented to help recoup the costs of road construction and Road maintenance, maintenance. Toll roads have existed in some form since Classical antiquity, antiquity, with tolls levied on passing travelers on foot, wagon, or horseback; a practice that continued with the automobile, and many modern tollways charge fees for motor vehicles exclusively. The amount of the toll usually varies by vehicle type, weight, or number of axles, with freight trucks often charged higher rates than cars. Tolls are often collected at toll plazas, toll booths, toll houses, toll stations, toll bars, toll barriers, or toll gates. Some toll collection points are automatic, and the user deposits money in a machine which opens the gate once the correct toll has been paid. To cut costs and minimise time delay, many tolls ...
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Parking
Parking is the act of stopping and disengaging a vehicle and usually leaving it unoccupied. Parking on one or both sides of a road is often permitted, though sometimes with restrictions. Some buildings have parking facilities for use of the buildings' users. Countries and local governments have rules for design and use of parking spaces. Car parking is essential to car-based travel. Cars are typically stationary around 95 per cent of the time. The availability and price of car parking may support car dependency. Significant amounts of urban land are devoted to car parking; in many North American city centers, half or more of all land is devoted to car parking. Parking facilities Parking facilities can be divided into public parking and private parking. * Public parking is managed by local government authorities and available for all members of the public to drive to and park in. * Private parking is owned by a private entity. It may be available for use by the pub ...
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Vehicle Insurance
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for automobile, cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against legal liability, liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against Motor vehicle theft, theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as vandalism, weather or natural disasters, and damage sustained by colliding with stationary objects. The specific terms of vehicle insurance vary with legal regulations in each region. History Widespread use of the motor car began after the First World War in urban areas. Cars were relatively fast and dangerous by that stage, yet there was still no compulsory form of car insurance anywhere in the world. ...
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Interest
In finance and economics, interest is payment from a debtor or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay to the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit (economics), profit or Reserve (accounting), reserve, but not at a particular rate decided beforehand, rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs when the revenue earned exceeds the total costs. For example, a customer would usually pay interest to debt, borrow from a bank, so they pay the bank an amount which is more than the amount they borrowed; or a customer may earn interest on their savings, and so they may withdraw more than they originally deposited. In the case of savings, the customer is the lender, and the ban ...
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Car Maintenance
A car, or an automobile, is a motor vehicle with wheels. Most definitions of cars state that they run primarily on roads, Car seat, seat one to eight people, have four wheels, and mainly transport private transport#Personal transport, people rather than cargo. There are around one billion cars in use worldwide. The French inventor Nicolas-Joseph Cugnot built the first steam-powered road vehicle in 1769, while the Swiss inventor François Isaac de Rivaz designed and constructed the first internal combustion-powered automobile in 1808. The modern car—a practical, marketable automobile for everyday use—was invented in 1886, when the German inventor Carl Benz patented his Benz Patent-Motorwagen. Commercial cars became widely available during the 20th century. The 1901 Oldsmobile Curved Dash and the 1908 Ford Model T, both American cars, are widely considered the first mass-produced and mass-affordable cars, respectively. Cars were rapidly adopted in the US, where they replac ...
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Fuel Tax
A fuel tax (also known as a petrol, gasoline or gas tax, or as a fuel duty) is an excise tax imposed on the sale of fuel. In most countries, the fuel tax is imposed on fuels which are intended for transportation. Fuel tax receipts are often dedicated or hypothecated to transportation projects, in which case the fuel tax can be considered a user fee. In other countries, the fuel tax is a source of general revenue. Sometimes, a fuel tax is used as an ecotax, to promote ecological sustainability. Fuel taxes are often considered by government agencies such as the Internal Revenue Service as regressive taxes. Fuels used to power agricultural vehicles, as well as home heating oil which is similar to diesel, are taxed at a different, usually lower rate. These fuels may be dyed to prevent their use for transportation. Aviation fuel is typically charged at a different rate to fuel for ground-based vehicles. Jet fuel and avgas can attract different rates. In many jurisdictions such as ...
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Energy Efficiency In Transportation
The energy efficiency in transport is the useful travelled distance, of passengers, goods or any type of load; divided by the total energy put into the transport propulsion means. The energy input might be rendered in several different types depending on the type of propulsion, and normally such energy is presented in liquid fuels, electrical energy or food energy. The energy efficiency is also occasionally known as energy intensity. The inverse of the energy efficiency in transport is the energy consumption in transport. Energy efficiency in transport is often described in terms of fuel consumption, fuel consumption being the reciprocal of fuel economy. Nonetheless, fuel consumption is linked with a means of propulsion which uses liquid fuels, whilst energy efficiency is applicable to any sort of propulsion. To avoid said confusion, and to be able to compare the energy efficiency in any type of vehicle, experts tend to measure the energy in the International System of Units, i ...
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