
Transport Demand
Transport demand refers to the need or desire for people and goods to move from one place to another. In transportation economics, it analyzes how factors like price, income, population, and urban development influence this demand. For instance, if gas prices rise, people might choose to drive less or use public transport instead. Understanding transport demand helps governments and businesses make informed decisions about investing in infrastructure, services, and policies that meet the movement needs of society effectively and sustainably.