Problem 5
Economics
The future scene states that you will not be required to own your own car as long as you are willing to subscribe to the car sharing scheme. This suggests that the demand for taxis might drop drastically as this car sharing scheme is far more convenient than waiting/calling for a taxi. Thus, taxi drivers might lose their jobs and Singapore may have higher unemployment rates.
Research
- As of January 2015, the total taxi fleet in Singapore is 28,515 taxis, operated by six taxi companies and 180 independent drivers.
Wikipedia (2015, 21 March) Taxicabs of Singapore. Retrieved March 29, from http://en.wikipedia.org/wiki/Taxicabs_of_Singapore
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