Sample Thesis Paper
When one economy interacts with another economy through transport, it allows both economies to explore their options in the areas of labor and capital and allows them to develop new means and methods to further develop their own labor and capital resources. This is because of the fact that transport allows economies to operate in manners such that the economy does not produce to meet only the demands of the local region but also produces to meet the demands of regions that are made accessible due to the presence of transportation capabilities between the two economies. Therefore, the existence of transportation opens pathways to new forms of labor and capital usage. Allowing increased production volumes and increased opportunities for the development in areas such as specialization and increased development through innovation adopted from external sources.Another highly significant factor pertaining to transport is the fact that the costs that are involved in the execution of transportation operations give transportation a highly significant position in a country’s economy. The costs incurred in carrying out almost any transportation process are considered to be of the most vital significance because not only do they incorporate the utilization of a substantial amount of financial resources but also require a significant amount of time in order to process. Additional costs exist because of the fact that in order to carry out the process of transportation, manual expertise is required that the process cannot be expected to be successful without. This area branches off into the areas of the personnel required to perform the transportation process, and the personnel required to make sure that the equipment being used in the process of transportation is kept maintained and in a condition in which it can be used when required.