explain how transportation and communication help in the economic development of a country
Answers
It plays a major role in the economic uplift of a country as it promotes internal and external trade, economic use of natural resources, mobility of skilled labour-force, diversification of markets, provision of fuel, reduction in employment, increase in agricultural and industrial production etc.
Answer:
This is the answer.
Explanation:
If the means of transport and communication are improved, quick and cheap they will increase the mobility of factors of production. The reward of all the factors will become equal. The developed system of transport and communication helps in stabilizing prices of the commodities through our the country.
Modern means of transportation have contributed greatly to the development of a country. They help in transporting both people and goods from one place to another very fast. ... This is because transportation is pivotal to the nation's growth of industrialization, infrastructure and massive production