Figure 25,,,,,, Advances in Transportation Technology and the Shrinking of “Real” Distance,,,,,, ,1500–1840,1850–1930,1950s,1960s–present,, ,"Best average speed for horse-drawn coaches and sailing ships was 10 mph ","Steam locomotives averaged 65 mph and steamships averaged 36 mph","Propeller aircraft able to fly 300–400 mph","Large jet aircraft able to fly 500–700 mph",, "Infrastructure innovation","Trunk canals Turnpike roads","Railroads Ocean shipping","Highways Airports/airlines",Emergence of telecommunications,, "Vehicle innovation","Horse-powered coaches","Steam engines Steamships Railroad equipment Steel ships","Aircraft Automobiles Combustion engines Trucks Tractors","Jet engines Containerships Megaships Post-Panamax ships",, "SOURCE: Adapted from P. Dicken, Global Shift: Transforming the World Economy (New York, NY: The Guilford Press, 1998).",,,,,, ,,,,,,