Why do movement of goods and services from one place to another require fast and efficient means of transport? Explain with examples
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The movement of goods and services from one place to another require fast and efficient means of transport for the following reasons.
Explanation:
- The fast and efficient means of transport helps to save a lot of time.
- The fast means of transport helps to carry raw materials from one place to another in less time especially in the case of perishable goods.
- The fast and efficient means of transport helps the sellers to move to newer markets and allows the customers to buy wide variety of goods.
- This also helps in the development of internet market or e commerce where the transactions take place from the larger distance also.
Thus, the movement of goods and services from one place to another require fast and efficient means of transport.
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