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Article Summary
According to a study by the Center for Neighborhood Technology, homes located within one-half mile of frequently-used public transportation held their value much better during the recent housing market downturn than did those without easy access to public transportation, and the greater home values reflect greater demand for neighborhoods in close proximity to public transportation. In addition to higher home values, the study found that close proximity to public transportation offers lower transportation costs, a wider variety of travel options, and access to more employment opportunities.
Source: Meg Handley, "Study: Proximity to Public Transit Boosts Home Values," U.S. News & World Report, March 22, 2013.
-The social cost of a good or service is the cost borne by the producer.
Infiltration
The process of gradually entering or inserting oneself into an organization or place covertly, often for espionage or influence.
Virtualization
The process of creating a virtual version of something, such as a server, storage device, network, or even an operating system, allowing multiple simulations within a single physical hardware system.
Production Processes
Refers to the methods and sequences of activities involved in the production of goods or services.
Social Movements
Organized efforts by groups of people to advocate for change or resist social, economic, or political policies, often aiming for societal improvement.
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