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Social Science: Life Lines of National Economy - Importance of Means of Communication and Transportation

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How do means of transport and communication play an important role in the economic development of the country? Explain.

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Solution

Transport includes railways, roadways, ships and airways, while communication sources include post, telephone, Internet, radio and television. A fully functional transport and communication structure is vital for a country’s development in the following ways:

Ensures growth through efficient flow of goods, services, people and information

Offers an ideal means for transporting heavy goods in large quantities over long distances

Helps develop links between different cities, countries, etc.

Development in the Internet helps in spreading production and services across different countries. It also facilitates e-banking.

Concept: Importance of Means of Communication and Transportation
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