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... UK economic system attempt to allocate and make effective use of resources: In the UK, public transportation is privatized and led to free market-oriented. In 1986, bus and public transport companies were privatized and deregulated. They know that as suppliers compete for market share, the competitive market of the deregulated bus can bring benefits to customers. Deregulation gave bus companies the freedom to set where and when bus services could operate. The local government is no longer control this. Nonetheless, in order to survive, private companies must identify customer's needs and wants, and offer them value for money. However, transport growth is responding to the economic success, the opportunities of globalization, the improvement of living standard and economic competitiveness with other countries such as France, United Stated.... In the case of public transport, it could be argued they should not be too expensive otherwise people cannot afford them. As an ...