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Describe the contribution of transport to the development of the Indian economy. - Economic Applications

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Question

Describe the contribution of transport to the development of the Indian economy.

Long Answer
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Solution

  1. Transport has significantly contributed to the development of the Indian economy by enhancing connectivity and supporting various economic activities.
  2. It helps expand markets by facilitating the movement of goods and services across regions.
  3. Transport links remote and resource-rich areas to urban centres, thereby promoting resource utilization and regional development.
  4. It generates employment opportunities, directly through construction and operation, and indirectly by supporting industries.
  5. Transport is vital for agriculture, trade, and industrial growth as it ensures the timely delivery of inputs and finished products. Moreover, it complements other infrastructure sectors, accelerating overall economic progress.
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Chapter 10: Economic Infrastructure - QUESTIONS [Page 138]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 10 Economic Infrastructure
QUESTIONS | Q 1. | Page 138
J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 9 Tertiary Sector
QUESTIONS | Q 5. | Page 147
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