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Transportation policy in Los Angeles

t is expected to bring in $160,000 annually for the highway trust fund through taxes. These economic effects can be multiplied along the overall length of the transportation corridor.

Planners find that there is a domino theory of business expansion along transportation corridors. Convenience stores and small businesses are expected to spring up along the corridors. There is also a ripple effect from construction of a transport-ation system. New jobs are created, and tax revenues from the economic activity filters over to the communities. Many construc-tion purchases are made locally, to the benefit of the local economy. Along with increased retail and manufacturing sales comes an increase in property values. Plus time will theoretically be saved by commuters. Also, vehicle wear and tear is reduced, to

the detriment of the auto repair industry ("Century Freeway

The new Century Freeway is interesting because it will include a rail transit project that is classified as a light rail line and it can li

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Transportation policy in Los Angeles. (1969, December 31). In LotsofEssays.com. Retrieved 22:03, May 16, 2024, from https://www.lotsofessays.com/viewpaper/1686732.html