Question

Explain the importance of land transport in the economic growth of a nation

Answer 1

Answer-the importance of land transport in the economic growth of nation Because of its intensive use of infrastructures, the transport sector is an important component of the economy and a common tool used for development. ... At the aggregate level, efficient transportation reduces costs in many economic sectors, while inefficient transportation increases these costs.

importance-Good transport network is crucial for sustained economic growth and development of a nation. This vital infrastructure is regarded as an important determinant for the success of a nation's effort in diversifying its production base, expanding trade and linking together resources and markets into an integrated economy.