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Discuss briefly the significance of postal services. - Economic Applications

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Question

Discuss briefly the significance of postal services.

Long Answer
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Solution

  1. Postal services are the oldest and most widespread means of communication in India, introduced in 1837.
  2. They provide economical mail services, enabling newspapers and journals to reach even remote villages at concessional rates.
  3. Postal services encourage small savings among ordinary people through various small saving schemes.
  4. They facilitate the growth and expansion of both internal and external trade.
  5. Postal services support distant learning by managing correspondence for learners.
  6. Postal services bridge communication gaps and contribute to socio-economic development in rural and urban areas.
  7. Private couriers also complement postal services by delivering letters and parcels nationwide.
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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 3. | Page 138
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