Why are the means of transport and communication called the lifelines of national and its economy?
Answers
Answer:means of transport are called the lifelines of national economy they bring people close to one another and help in the economic development, national and international trade in the defence of our country. Economic activities are solely depend on transport and communication methods, modes and techniques of a country in this modern era when globalisation, liberalisation and privation have become new economic policy of each country in this world. our existence is because of transportation and communication are existed. Hence, these are called lifelines of national economy
Solution:-
The means of transportation and communication are called the lifelines of a nation and its economy due to the reasons given below:
- The means of transportation and communication help in the production and movement of goods and services.
- Transport helps in the development of communication. Various means of communication help us in interacting with others in all the parts of the world. It has brought the world closer.
- Transport like railways helps us in conducting various activities like business, sightseeing, pilgrimage and transportation of goods over longer distances.
- Pipelines are used for transporting crude oil and natural gas to refineries and factories.
- Water provides the cheapest means of transport and is useful for international trade.
- Air transport provides the fastest, most comfortable mode of transport.
Thus, it is clear that there are many advantages of transportation and communication. These means help in the development of the country. So they are called the lifelines of a nation and its economy.