However, every coin has two sides, the biggest disadvantage of buying new cars is it creates more disposals of the old vehicles, which will become a huge burden of society. How do we deal with these new disposals, where should these old vehicles go to, and how do we dismantle them. There will be a new environment problem emerge for us to solve. Also on the other hand, people have to spend more money on changing new vehicles, which will bring more burdens to their lives. These are the most disadvantages we have to consider In conclusion, by analyzing the advantages and disadvantages, I personally think it is not the best way to improve the environment and reduce the pollution by purchasing new cars.
It is already worse to the point that it can be a burden to our economy. We are already losing a lot of money; do we need to lose more in order for us to realize that we need an action for an improvement? Reality check, we cannot escape from traffic but at least do something so that we can prevent and lessen it. Self discipline especially when we are on roads is one thing that we can contribute to prevent traffic For the public transport drivers, don’t stop in the middle of the road to load or unload passengers. As per to the commuters, use the pedestrian lanes in crossing.
Qatar has an expanding manufacturing industry and myriad construction projects. There is growing road congestion due to the increase in the country’s population which leads to Negative Production Externalities, “a cost that is suffered by a third party as a result of an economic transaction”. Graph 1: Negative production externality related to air pollution At the free market equilibrium PE, quantity QE is produced. It can be observed from the figure above that the MSC curve is less than the MPC curve due to the negative externality. Air pollution generates damaging effects on the society such as the health hazards.
This will cause MPB curve to shift to left, towards the MSB curve. However this is a disadvantage towards the government as it cost a lot for funding advertisement. Therefore this would lead to an increase in taxation causing burden to the consumers whether they consume plastic bags or not. However if only indirect taxes are implemented, the revenue could be useful to fund not only negative advertising, the consumers who wish to relieve the taxation burden could change to other uses to carry their groceries such as a shopping bag that can be used over many times.
Secondly, it increases the chances of no basic access to land and health services to urban poor residents of slum areas in the cities. Lastly, urban transition can result in lower sustainability due to increasing amount of migrations. The trend of moving to bigger city in search for a “better” living condition and “safer” future could cost a city or even a nation huge amounts of loss. Even though there are many benefits to going through urban transformation, urban transition should not occur within a country or a city because it results in urban overpopulation due to migration and causes lower sustainability. Overpopulation On contrary, urban transition is usually thought of as beneficial for the country.
This increase in property value brings and increase in taxes, financially straining those who choose to stay in the area. Gentrification may lead to racial segregation in urban areas, displacing low income families who are no longer able to afford the cost of living with more affluent
Economic implication of congestion Congestion is a condition of traffic delay due to the number of vehicles trying to use the road exceeds the traffic network capacity to handle them. Congestion is a major problem growing in many towns like Windhoek. In general congestion delays travel to reach their destination on time as planned. One can be thinking of implementing congestion charging to reduce to reduce this issue. There are many various economic implications of congestion as follow: Congestion causes loss of productivity Business exists in towns where many people live, for them to sell or buy products and make profits.
b) Wikipedia defines traffic congestion as the condition on road networks that occur as the use as use increase is characterized by slower speed, longer trip times and increased vehicular queuing. Congestion occurs when the demand for transport is greater than the supply of transport in a particular part of the transport system. Congestion is deemed bad for the economy as it has a negative impact on the business activities that are common in towns like Windhoek. Traffic congestion is popular during the mornings when everybody is travelling to school, work it is also popular during the night when people have knocked off and are returning to their homes. Traffic congestion imposes costs to businesses beyond the mere vehicle and driver costs of delay, including potential effects on inventory costs, logistics costs, reliability costs, just-in-time processing costs and the reductions in market areas for workers, customers and incoming/ outgoing deliveries (NCHRP REPORT 463, 2010, p.10).
However, congestion pricing is not fair, places economic burden on neighbouring communities, and it has a negative effect on retail businesses as well as economic activities. In Windhoek, congestion is premised on a basic economic theory, whereby they charge price in order to allocate a scare resource to its most valuable use as evidence by user willingness to pay for the resources. However, this type of pricing has decreased externality or social costs in Windhoek caused by Roa...
Wealth is not distributed equally among the public. (NCH, 2016, http://nationalhomeless.org/about-homelessness/). Declining wages has also caused a lot of stress and increase people’s inability to pay for their housing or other needs. If there are affordable housing, it’s usually in an unsafe and polluted environment or it’s extremely overcrowded that people have a higher chance of being homeless or inadequate housing arrangements than getting their applications accepted (Why Are People Homeless Research, 2016, NCH). Also, privatizing housing will increase the accumulation of wealth of the power elite or those that own property and lands by their pricing in rents.