Gyorsmenü

railway

The protection of train crews during their work in the agglomeration of Budapest

A peaceful, prosperous era for Hungary began with the Compromise of 1867. Especially the development of Budapest was impressive at the turn of the 19th and 20th centuries, which made the capital a real metropolis in the heart of the Carpathian-Basin. At this time, the establishment of the proper railway network and railway connections gave the basis of the economic prosperity of the country.

Rail as a natural monopoly and possibilities of its regulation

Government regulation is required for goods with a gap between social and private costs and social and private benefits. Such goods can be classified into three types: