Free help with homework

Why join Brainly?

  • ask questions about your assignment
  • get answers with explanations
  • find similar questions

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



1. Mobility of Factors of Production :-
If the means of transport and communication are improved, quick and cheap they will increase the mobility of factors of production. The reward of all the factors will become equal.

2. Stable Prices :-
The developed system of transport and communication helps in stabilizing prices of the commodities through our the country.

3. Supply of Raw Material :-
Due to the quick and cheap transport system, raw material can be easily supplied to factories on lower cost. Even from out side the country it can reach in time.

4. Supply of Manufactured Goods :-
From the factories goods can be easily transported to the markets if transport is efficient.
0 0 0
The Brain
  • The Brain
  • Helper
Not sure about the answer?
Learn more with Brainly!
Having trouble with your homework?
Get free help!
  • 80% of questions are answered in under 10 minutes
  • Answers come with explanations, so that you can learn
  • Answer quality is ensured by our experts