what are major lifeline of national economy
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)The means of transportation and communication are called the lifelines of a nation and its economy because these are pre requisite for the economic development of the country. ... Development of various means of communication has been one of the major factors which have facilitated the process of globalisation.
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A good transport system makes it easier to transport raw materials to the factory. Transportation plays a major role in the lifelines of national economy. They also ensure that the finished products are transported to the consumers. Production of goods and services determine the pace of a country's development.
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