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Why build a roundabout instead of installing a traffic signal (stop light)?

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Why build a roundabout instead of installing a traffic signal (stop light)?

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Roundabouts move traffic safely and efficiently through an intersection because of slower speeds, fewer conflict points and easy decision-making. Studies show that roundabouts provide a 90 percent reduction in fatal cashes, a 75 percent reduction in injury crashes, a 30-40 percent reduction in pedestrian crashes, and a 10 percent reduction in bicycle crashes.

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