Which two factors were responsible for the expansion of trade and transport?
Answers
Answer:
Trade and commerce expanded due to the development of science and technology. The development of the communication system also led to the expansion of trade and transport.
Expansion of trade and transport
Explanation:
In early days, the scope of trade and transport were limited due to physical challenges. With the innovations in science and technology, we can now travel to every corner of the world. So trade and commerce is also possible between every corner of the world.
Another most important factor that abets trade and transport is the development in telecommunications equipment. With the use of Internet, we can now communicate within seconds to anyone located in the world provided there is internet service. This has vastly expanded trade and transport. With the efficient transport system, the world has now become a large village and transport system developed due to the innovations in communication system.