Question

what are efficient means of transport pre -requisitis for the fast development of a country. explain

Answer 1

The means of efficient transportation are an indispensable component of modern civilization. The economic development of a country depends largely on an efficient and adequate system of transport. They form a very important class of instrumental wealth.

Development of an efficient transport system is a pre-condition of our economic development. Transportation and Communication have an important bearing on the development of exchange and markets. They:
increase land values,

break economic circles, and thus tend to equalize prices,

make labor more mobile,

enable a greater division of labor among different industries and countries,

determine the geographical distribution of industries,

break economic circles, and thus tend to equalize prices,

play a very important part in relieving distress in the famine-stricken areas by rapid distribution of food-stuffs,

effectiveness of administration and national defense are inseparably connected with the advancement of transport system



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