Question
Based on the chart below answer the following questions: 1) From 1980 to 2005 American's generally increased the amount of driving they did each year.
Based on the chart below answer the following questions:
1) From 1980 to 2005 American's generally increased the amount of driving they did each year.Based on our discussions oftransferability in class, what one factor is the most likely explanations for that increase?
2) What global economic event occurred in 2008 which reduced driving in the US?
3) What global health event occurred in 2020 which caused the most recent decline in driving in the US? (this is easy)
4) BASED ON YOUR INTERPRETATION OF THE DATA IN THE CHART, do you think it is likely that American's will ever drive more than 10,000 miles per year (on average)? IF YOU SUGGEST THAT AMERICANS ARE LIKELY TO DRIVE MORE -- clearly state what they will do less of in order to spend more time on the road (sleep? spend time w family? work less? etc.)
5) As we settle into a post-Covid age, how do you anticipate driving in the US will change? (be specific in terms of more or less than driving than in the pre-covid era). andbe sure to reference the most recent data in the chart.
6) Do you expect that Americans will ever reduce the amount of driving they do in order to reduce their carbon footprints? (yes or no, andbe sure to reference the most recent data in the chart.
FRED ~ + Moving 12-Month Total Vehicle Miles Traveled/Total Population: All Ages including Armed Forces Overseas*1000 10,400 10,000 9.600 9,200 8,800 Mil. of Miles/Thous.*1000 8,400 8,000 7,600 7,200 6,800 6,400 1985 1990 1995 2000 2005 2010 2015 2020 Shaded areas indicate U.S. recessions. Sources: U.S. Census Bureau; U.S. Federal Highway Administration fred.stlouisfed.org
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