Economy, asked by sraghavsharma693, 3 months ago

how do communication and transportation provides support for the promotion of trade

Answers

Answered by Banjeet1141
1

Answer:

The communication and transportation provide support for the promotion of trade in the following ways-

  • The way of transportation and verbal exchange are referred to as the lifelines of a kingdom and financial system. This is due to the fact they may be the spine of the financial system and the hallmark of the improvement of a kingdom.
  • Transportation and verbal exchange assist withinside the growth of alternate and raise the financial system. The improvement of transportation and verbal exchange has given upward thrust to globalization.
  • The rapid boom in communications and transportation has brought about the development of existence of the human beings of each kingdom.
  • The railways, waterways, airlines, newspapers, radio, and net have introduced the sector to our doorstep and contributed to social and financial improvement.
  • In an agricultural use like India, stepped forward way of delivery and verbal exchange have helped the country wide financial system. Farmers can deliver their items inside a quick duration and earn extra capital.
  • India is likewise nicely linked with the whole international because of its stepped forward airlines and railways. The nearby alternate has reached global ranges that's brilliant for the financial boom of each kingdom.
  • Transportation permits the motion of operating human beings from one region to every other in a quick time. Land delivery like buses and trains can convey a huge variety of human beings and also are pocket friendly.
  • Transport permits the motion of products from their deliver to call for locations. With the discovery of current delivery, global alternate has extended a lot.
  • The trade of data and information via current way of verbal exchange has made human beings extra aware. They trade items and commodities at a far quicker tempo as an example via on-line shipping services.

Read here more-

Different export incentives provided by india government for trade promotion

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A Communication or dealings between individuals/groups B Slowed transportation

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Answered by Raghav1330
0

Infrastructures for communication and transportation are crucial for a nation's overall economic development.

  • The means of moving people, as well as products and services, from one location to another is known as transportation.
  • Road, ropeway, cable car, and air transportation are among the modes of transportation available in Nepal.
  • The definition of communication is the process of communicating information, ideas, and news. Postal services, radio, telephone, teller, internet, e-mail, fax, television, and newspapers are significant forms of communication in Nepal.
  • In the world, there are many different modes of transportation. Surface transit, air transportation, marine routes, and other modes of contemporary transportation are available.
  • Surface transportation and air transportation are the primary modes of transportation in Nepal.

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