Effects of transport expansion and innovation on global tourism trends
Effects of transport expansion and innovation on global tourism trends
Socio-cultural factors such as the customs, lifestyles and values that characterize the society dictate the demand and supply of transport .Here, the kind of population is a key factor that is whether it is composed of the rich or the poor families. Also under the social factors is the learning levels within a community as this would either improve or suppress the efforts towards demand and supply of transport. Considering the technological factors, either negative or positive changes in the field of technology would cause an impact on demand and supply of transport. Such changes could either presentbetter chances for innovations to the field or cause downplays to the sector in question. The political –legal dimension of the general environment also affects the demand and supply of transport, better government’s attitudes towards the development of transport sector would tend to trigger higher demand for modern transport meansdue to the better infrastructures. A negligence attitude by the government towards transport sector would leave a given society with no option but to rather resort to the local transport modes. The types of legislations set by the government to man the transport sector too have great effects on the demand and supply of transport. Favorablerules would encourage investments in the field of transport thereby causing higher supplies while harsh regulatory directives would kill the morale in willing investors thus lead to low supply of transport even if the relative demand for transport would be higher in the given region. The character and the direction of the economic system withina region like the distribution of income within the population, the equilibrium of payments and legislative monetary and fiscal policies would be a big boost to the transport sector if turns out to be positive as opposed to the reverse that would rather lead to discouraged trends in the sector of transport. Looking at the immediate environment, the suppliers into the field are a great issue to table for their existence is as great as that of the entrepreneur for the supply factor is partly dependent on them. As long the chain ofdistribution, is another key figure the mediators with whom the whole transaction goes through. Presence of reliable intermediaries would be a boost to the sector as this would facilitate the transaction. The expansion and innovation on transport has led to reduced time schedules for tourism as quicker means of transport have been established and therefore tourism activities can now consume lesser time than before. The innovations have also come with more comfortable ways of transport making it an interest of many to tour the world. With the expansion of transport services, tourism tends to the newly explored regions worldwide. In a nut shell this would near the exhaustion of the accessible tourism areas globally.