Business Studies, asked by PragyaTbia, 1 year ago

Discuss the role of transport.

Answers

Answered by kanikasharma1908
1

The role of transport can be discussed as follows:

1. Expansion of market: Transportation helps in expanding the market as it helps in the smooth movement of goods from the place of production to the place of consumption. In other words, it helps in 'place utility'.

2. Benefit of large scale of production: Transportation helps in large scale production by gathering huge raw material from its source place and also large number of workers as per their skills. The large scale production helps in reducing the cost of production which adds advantage to the industrialists.

3. Generation of employment opportunities:  Transportation provides employment to the large number of persons, thereby, reducing the problem of unemployment. Generation of employment opportunities indicates more contribution towards the national income resulting in the growth of the country.

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