Blonde Girl With Pigtails On The Road With A Bicycle And Umbrella

One of the profound economic implications of bicycle use is that it liberates the user from oil consumption (Ballantine, 1972). The bicycle is an inexpensive, fast, healthy and environmentally friendly mode of transport (Illich, 1974)
• Manufacturing
The global bicycle market is $61 billion in 2011. 130 million bicycles are sold every year globally and 66% of them are made in China.