The Economic Merit of Using Public Transportation

1. THE ECONOMIC MERIT OF USING
PUBLIC TRANSPORTATION (SUBWAYS)

2. Public transportation transforms communities and the
lives of the people living in them by spurring economic
development, promoting sustainable lifestyles, and
providing a higher quality of life. Every segment of the
society – individuals, families, communities, and
businesses – benefits from public transportation.
INTRODUCTION

3. PUBLIC TRANSPORTATION CONSISTS
OF A VARIETY OF MODES

4. BUSES

5. TAXIS

6. LIGHT RAILS

7. SUBWAYS

8. TROLLEYS

9. CABLE CARS

10. WATER TAXIS

11. MONORAILS

12. SUBWAYS
Subway, also called underground, tube, or métro, It is a newly invented fast transportation
system, as it uses fast trains to transport a large group of passengers to remote areas, and
many countries seek to have a complete network covering their main cities in order to allow
people to move freely and quickly, and this helps the country to march quickly towards
development and prosperity, Especially the large countries need this fast system for
transportation, as their possession of the metro network, will make a quantum leap in the
technological progress and the country's economy, and the governments are aware of this
matter and therefore provide a special budget to develop the subway network or facilitate
the way for private companies to work on establishing a metro network For the city.
Often the subway network is underground, thus avoiding collisions that can occur with
other vehicles such as cars and trucks running on the streets. Thus, its speed will decrease,
but when it is underground, there is nothing obstructing its passage, and this is one of the
reasons that makes it very fast in delivering citizens to the places they wish to go down.

13. SUBWAYS PROVIDE ECONOMIC OPPORTUNITIES
Every $1 invested in subways generates $4 in economic returns.
Every $1 billion invested in subways supports and creates more than 50,000 jobs.
Every $10 million in capital investment in subways yields $30 million in increased business sales.
Every $10 million in operating investment yields $32 million in increased business sales.
71% of public funding for subways flows to the private sector, creating and supporting hundreds
of thousands of jobs.
Home values in areas located near subway stations performed 42% better than other areas.
Hotels in cities with direct subway access to airports raise 11% more revenue per room than
hotels in those cities without.

14. SUBWAY IS A SAFER WAY TO TRAVEL THAN BY AUTOMOBILE
A person can reduce his or her chance of being in an accident by more than
90% simply by taking subway as opposed to commuting by car.
Traveling by subway is 10 times safer per mile than traveling by automobile.

15. SUBWAYS SAVE MONEY
The average household spends 16 cents of every dollar on transportation, and 93% of this goes
to buying, maintaining, and operating cars, the largest expenditure after housing.
A household can save nearly $10,000 by taking subway and living with one less car.

16. SUBWAYS REDUCE GASOLINE CONSUMPTION
Subway’s overall effects save 50 gallons of gasoline per family annually.

17. SUBWAYS REDUCE CARBON FOOTPRINT
Communities that invest in subways reduce the nation’s
carbon emissions by 37 million metric tons annually.

18. SUBWAYS ENHANCE PERSONAL OPPORTUNITIES
Subways provides personal mobility and freedom for
people from every walk of life.
A total of 87% of trips on subways have a direct impact on
the local economy.
Of all riders, 71% are employed and 7% are students.
More than two-thirds of riders walk to their station.

19. CONCLUSION
Public transportation in general, and subways in particular, has a lot of economic, political,
historical, social. And environmental advantages. However, it has some important
disadvantages too. In many cities, the local public transit system is not efficient, so you can
end up wasting a lot of time and this is not something professionals or people with a tight
schedule can afford to do. Another major issue is that public transport is not always the
answer for every needs. For example, a part from the largest cities, in medium sized ones
often there is no service during the night. Or your needs could be different and you need
your own private car, for example if you have to move from your apartment and have to
pack your things, or if you need to take care of an elderly person. In conclusion, there are
clearly both advantages and disadvantages in terms of public versus private
transportation. Even if the current legislation is trying to incentivize the use of public
transit, I do not think that in the near future we will get rid of our private cars.