Explain the importance of means of transport and communication for socio economic problems
Answers
Transportation and communication are the main basis for conducting trade
Growth in transportation and communication of a country helped in the overall growth of the
economy
They provide infrastructural basis
modern means of communication have helped traders all over the world to come close to each other and compete against each other
It has made the trader more conscious about the products and help to improve the quality of the product which provide more choice to the consumers
effective means of transportation is required for the transportation of products from one area to another which provides expansion in the trade of a businessman
Answer:
The means of transport and communication are called the lifelines of a country and its economy. The world is developing very fast and means of communicating play a vital role in the development of the world. This helps to transfer information from country to country