give the evonomic significance of transport and comunication
Answers
Transport has an indispensable role in economic activity. Without physical access to resources and markets, economic growth and development would not be possible. Transport is also essential for providing access to basic public services, such as health and education. ...
Answer:
Transport has an indispensable role in economic activity. Without physical access to resources and markets, economic growth and development would not be possible. Transport is also essential for providing access to basic public services, such as health and education. ...
Extra information:-
How does transport and communication affect the economy?
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.