Traffic_Congestion

Traffic Congestion Traffic Congestion As our economy continues to grow, so does the problem of traffic congestion. Traffic congestion occurs when the demand of roads or highways exceeds the available capacity. Congestion is achieved when the social cost of driving exceeds the personal costs. Personal costs can be considered costs such as gas or car insurance while an example of a social cost would be the slowing down of other drivers. Traffic congestion has numerous negative effects on the economy. Among the examples that will be discussed are air pollution, time delays, and added taxes. Also, possible solutions will be provided; such as congestion taxes, road expansion, and new technological breakthroughs, along with their drawbacks. Recent research is revealing that proposed solutions may not be as clear-cut as they seem, and may create even more problems. Congestion has a negative effect on our economy, but many experts trying to come up with solutions to this market failure. Traffic congestion is occurring for many reasons. Some economists think the rapid increase of congestion may be due to urban sprawl. Workers are moving out of congestion, traffic, people, tax, roads, problem, new, solutions, costs, time, road, taxes, social, economists, work, pollution, driving, suburbs, study, solution, rather, might, lanes, help, expansion, cars, carpooling, been, transportation, should, private, possible, politicians, out, encourage