The first Step Here is to ensure you have TVI (Total Views Inetegrator) installed. Reason i love this module is that it gives you ability to customize views displays, listing each taxonomy vocabulary or term or even children of parent terms with its own customized URL
This gives taxonomy terms having their own urls a meaning.

Okay, let's proceed to the Nitty Gritty Of This Post;
Using the Redirect Module one can construct a URL Alias pattern per taxonomy vocabulary. This will be taken on by the terms and sub-terms of the particular taxonomy vocabulary of interest.
Lets look at our "News Type" Vocabulary for example; (You'll notice that label has Blog Category not News Type which was my original naming and hence will be the machine name no matter what my new label is to avoid messing up the site URLS in future)

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Lets now create a URL pattern for our News Type (Blog Category) vocabulary;
- Go to configuration > search and metadata > URL aliases and configure a URL pattern;

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Remember to hit the save button. In the illustration below, you can see the saved URL pattern in the red box below
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You can now reference the Taxonomy vocabulary in any entity type to categorize your content.
In this case as you can see in this blog, i used the Drupal Byte term under my news type (blog categorization) vocabulary and the results were as follows;

The resulting URL is in the Red Box Below
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