Economy, asked by mitaligouda9220, 1 year ago

Why are transport and communication called lifelines of our economy?


physrito: Mark my answer Brainliest if it helps you.

Answers

Answered by Alisha06
3
Heyya!

Transport and Communication are lifelines of any National Economy. It can be explained as follows: 
•Transport leads to faster and better delivery of goods and services. This also gives rise to better communication. 
•Communication, today, makes possible interaction between two corners of the world making it like a large village. 
•Railways and Roadways give way to cheaper delivery of bulky materials through land. 
•Pipelines make possible transport of substances without any risk of delay and minimal running cost. 
•Airways provide fastest services. On the other hand, Waterways are eco friendly route to bulk transportation. 
•Telecommunication facilities enable any person to contact any person round the globe. 
•Mail facilities again lead to communicate and deliver periodicals, bulk mails, magazines etc.

Hope it helps! : )
Answered by physrito
1
Transport and communication are called lifelines of our economy or any economy because-
1. Our country's economy is mostly based on agriculture. It is through transport system-
a. seeds are transported
b. harvested crops are sent to market
c. required tools are brought from market, such as pumps and other tools l.
2. Medical services largely depend on quality of transport system-
a. a critical patent can be saved by good transport
b. nobody needs a better transport system than a pregnant woman in labour
3. Transport systems is the heart of economy as people from different parts of a city, a state or the country come to a specific place and form a great workplace. Transport system is crucial.
4. Modern communication system has revolutionized business. Good communication is important for buildings to grow up.
5. Social media, internet are crucial in modern day business scenario.
6. Industries heavily rely on road, water, air and train transport for sell and bringing substance for production.
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