Social Sciences, asked by abc1934, 10 months ago

a dense and efficient network of transport and communication is a prerequisite for local National and global trade of today

Answers

Answered by manansharma12290603
5

Arguments to support this statement are:

(i) Fast and efficiendy moving transport is required for traded items to reach their destinations on time, otherwise business will suffer.

(ii) Communications are vital for international trade where much advance planning is required for success! If a communication fails, it can create heavy losses in trade.

(iii) Transport is required to carry raw materials to production centres and from manufacturing hubs to markets particularly for perishable goods.

(iv) Modem communication facilities like the internet allow commercial transactions to take place over large distances including overseas transaction. They also keep buyers and sellers informed about their present and prospective markets.

Thus, it can be concluded that dense and efficient network of transport is a pre-requisite for national and international trade.

Answered by Rememberful
1

1. The efficient and fast moving transport has converted the world into a large village.

2. Equally developed communication system has helped the transport to develop.

3. Rest of the world is today linked with India despite its vast size diversity, lingusitc and socio-economic plurality.

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