Maharashtra State BoardHSC Arts 12th Board Exam
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Answer in detail: Why is transportation system important in the development of any nation? - Geography

Answer in Brief

Answer in detail:

Why is transportation system important in the development of any nation?

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Solution

Transportation plays important role in rapid economic growth of a nation. The introduction of railways has been historically the most important and powerful single factor in the process of economic development of industrial nations of the world like USA, France, Germany, Japan, etc. The significance of transportation in economic activity is found in its effects on both human wants and satisfaction of wants through production and distribution of goods. Transportation increases the quality and variety of consumer goods, thereby stimulating the demand and development of trade and economy of the nation. Transport provides various employment opportunities and boosts up the economy of the country. For example, many people got employment in construction work of Metro rail track.

Concept: Importance of Transport in Trade
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Balbharati Geography 12th Standard HSC Maharashtra State Board
Chapter 6 Tertiary Economic Activities
Exercise | Q 6.3 | Page 65
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