What do you understand by life line of national economy?
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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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The means of transportation and communication are called the lifelines of a nation and its economy because they are the preconditions for progress and development. ... Thus, a country's economy depends not only on the production and sale of goods and services, but on their transport as well
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