True. The economic cost to society from crashes and injuries on U.S. highways is estimated to be around $242 billion annually. This figure encompasses various factors, including medical expenses, lost productivity, legal costs, and property damage. Such substantial costs highlight the significant impact of traffic accidents on the economy and public health.
230,000,000,000
monthly
$1.27 billion
That underscores the high economic toll and societal impact of motor vehicle crashes in the United States.
If the dollar crashes, many investors may consider holding gold or other precious metals as a hedge against inflation and currency devaluation, as they traditionally maintain value in times of economic instability. Additionally, cryptocurrencies like Bitcoin could become attractive due to their decentralized nature and limited supply. Foreign currencies, particularly those from stable economies like the Swiss franc or the euro, may also be considered safer alternatives. Ultimately, the best choice depends on individual risk tolerance and investment strategy.
TRUE
230,000,000,000
Yes, the statement is true. The economic cost to society each year from crashes and injuries on US highways is estimated to be around 230 billion dollars. This includes costs related to medical expenses, property damage, lost productivity, and legal fees.
Highways Highways (401)
monthly
The economic cost of alcohol-related motor vehicle crashes in the United States is estimated to be approximately $44 billion annually. This figure encompasses various expenses, including medical costs, lost productivity, and property damage. These crashes not only result in significant financial burdens but also lead to tragic loss of life and serious injuries. Efforts to reduce these incidents through education and enforcement are crucial for public safety.
According to the Insurance Institute for Highway Safety, whiplash injuries, due to front end or rear crashes cost more the 7 billion US dollars a year.
About 75% of bicycle crashes are fatal. The 15% just have minor injuries. And the other 10% have major injuries.
Motorbike crashes are very common especially on highways in the greater Toronto area. A lot of things can be factors in these crashes - the number one reason for these crashes is alcohol usage and speeding.
AnswerActually, the AAA (American Automobile Association) recently released a report showing the total cost per year to be $164.2 billion, or just over $1,000 per person. They compared this to a Texas study that found the cost of congestion on highways was $67.6 billion. They did their study to raise awareness of the cost of accidents, which few people complain about, compared to congestion, which many people complain about.
0
there are about 1 billion CAR CRASHES in a year :)