Economy, asked by ParveenGill1132, 1 year ago

Why is transport called as lifelines of national economy 0?

Answers

Answered by Jehan
1
transport is also known as the lifeline of the national economy because it helps to distribute goods and materials across the country. it helps to supply the raw materials and food to each and every corner of the country. it also allows the development and modernisation of the economy. it also help us to reach to our daily work places which helps us to become an asset for the nation. it helps to deliver materials to workplaces and help us to DEVELOP..

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Answered by iraza
0

Answer:

Answer:

(i) The development of a country depends upon the production of goods and services as well as their movement to their destination. Transport plays an important role in the economy. Because of transport, raw materials reach to the factory or industry and finished products reach to the consumers. Transport has helped in both production and distribution of goods. Hence, efficient means of transport are prerequisites for fast development.

(ii) For a long time, trade and transport were restricted to a limited space. With the development in science and technology, the area of influence of trade and transport expanded far and wide. Today, the world has been converted to a large village with the help of efficient and fast moving transport. Transport has been able to achieve this with the help of equally developed communications system. Therefore, transport, communications and trade are complementary to each other.

(iii) India is well-linked with the rest of the world despite its vast size, diversity, linguistic and socio-cultural plurality. Railways, airways, waterways, newspapers, radio, television, cinema and internet, etc. have been contributing to its socio-economic progress in many ways. The trades from local to international levels have added to the vitality of its economy. It has also enriched our life and added substantially to growing amenities and facilities for the comforts of life. Hence, it is right to say that means of transportation and communication are the lifelines of a nation and its economy.

Explanation:

Explanation:

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