Industry, in a free market economy, has been limited in their ability to deliver these innovations, argument
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Industry, in a free market economy, has been limited in their ability to deliver these innovations, argument
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Throughout the course, the subject of regulation and deregulation (government involvement or intervention) and its impact on intermodal transportation has been discussed. Chapter 15 discusses the role of government on fostering intermodal transport innovations. The author suggests that the US government should be the catalyst for innovations. He argues that industry, in a free market economy, has been limited in their ability to deliver these innovations. Do you agree or disagree with the author? Justify your position using historical examples (development of nuclear power has been led y the government; development of new technologies of DOD is primarily driven by industry) to support your argument.
