Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsGeographyTertiary Economic Activities4 Marks
Question
Role of transportation in trade.
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Answer
Transport support trade and industry in carrying raw material to the place of production and distribution of finished products for consumption.
Transport means to make goods available to consumers.
Transport makes possible movement of goods from one place to another with great ease and speed.
Trade means exchange of goods and services. In trade there is movement of goods from surplus areas to scarcity areas. The movement of goods is possible only because of transport.
In other words, without the help of transport development of trade is not possible.
Thus, transport plays an important role in economic development and globalisation of trade.
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