what are the benefits of a developed transport system? 6 point
Answers
Answer:
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Explanation:
(i)Better Production in both Agriculture and Industrial Sectors:
Transport system has helped in the growth in industrial and agricultural production. It has been transporting raw materials and labour to the places of production and by carrying the products produced by these sectors to different parts of the country and other countries of the world.
(ii)Reduction in Cost of Production:
The transportation network reduces the cost of manufactured goods and lowers the price in the markets.
(iii) Reduction in Scarcity:
It helps in solving the problem of scarcity of goods and factors in different regions of the country.
(iv) Growth in Foreign Trade:
It helps in promoting foreign trade of the country. A country’s exports/imports cannot develop without good ports, shipping and cargo facilities. Thus, transportation system makes a network for transactions among different regions as well as with other countries.
(v)Specialization of Labour and Mobilization of Resources:
By the efficient and effective transportation system, the benefits of specialization of labour and proper mobilization can be achieved. Thus, an economic system makes the best use of resources through good transport system.
(vi)Promotion of Tourism:
An ideal transportation promotes tourism system or services all over the country.
Explanation:
Transport System and Economic Development
The transport system of a country plays an integral role in its growth for a multitude of reasons. Due to the quick and easy movement of raw materials, machinery, finished goods, etc., it benefits industries. In this article, we will focus on the role of the transport system in the economic development in India.
