The impact of the transport factor as a single economic entity in the economy

Abstract

Transport is a linchpin of economic development which connects people, businesses and markets, while also contributes to the creation of new jobs, trade and general prosperity. Investments in transportation infrastructure are critical to supporting economic growth and improving the quality of life for communities around the world. The role of the transport factor in the economy has always been the subject of extensive analysis. Many experts have noted that transport is one of the main factors in economic development and justified it with many analyses. This article takes a different approach. A hypothesis is expressed in scientific terms. It is noted that transport as a single economic subject cannot create economic revival without other factors. This hypothesis is supported by several observational facts.