explain any 4 reasons why a dense and efficient network of transport and communication is a pre requisite for trade of today??
Answers
Transport has a key role in the economy. The economic progress and development of a nation depends on the production of goods and services and their movement to their destination. In order to get the raw materials for the factories and to send the finished products to the market to the consumers, a dense and efficient network of transport and communication is essential. Thus transport facilitates production and distribution of goods and services and is an important factor for the growth of trade at the local, national and global level.
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 despot its vast size diversity, lingusitc and socio-economic plurality.