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Transport routes are called basic arteries of our economy because of the following reasons:
(i) Dense network of transport is a pre-requisite for the economic development of a region or a country.
(ii) Roads and railways are like arteries that connects areas of production with that of consumption, e.g. agricultural form is connected to agro-based industries and market.
(iii) They also help in industrial development by assemblage of raw materials and distribution of finished goods
read lessTransport routes are called basic arteries of economy.The statement correlates to the industrial growth in the areas which offers better transport routes and opportunity. Mostly of the industrial corridors are located on the highways which offers minimum logistics cost and offer larger access to market for their products. Recently defence corridors has been planned by the government of India. Recent bharatmala project by government of India enhances boost in economy by facilitating better transport environment and cost effective logistics.
read lessTransport routes are called basic arteries of our economy because of the following reasons:
(i) Dense network of transport is a pre-requisite for the economic development of a region or a country.
(ii) Roads and railways are like arteries that connects areas of production with that of consumption, e.g. agricultural form is connected to agro-based industries and market.
(iii) They also help in industrial development by assemblage of raw materials and distribution of finished goods.
read lessTransportation is the basic thing to meet the demand and supply. We can call it an important connection between Demand and supply.
We all know that most of the products are produced or manufactured some place around world / Country and consumed in other parts of the country/World. In order to supply the goods to the place where demand is more we need efficient Transportation routes.
This will enable to happen a economic transaction between people / Country.
Example1: Shimla Apples are produced in surrounding places of Shimla and consumed all over India.
Example 2: The vegetables are produced at Farm fields and Consumed in near by cities and some time they are transported to other states in good situations they are exported to other countries.
read less
Transport routes are called basic arteries of our economy because of the following reasons:
(i) Dense network of transport is a pre-requisite for the economic development of a region or a country.
(ii) Roads and railways are like arteries that connects areas of production with that of consumption, e.g. agricultural form is connected to agro-based industries and market.
(iii) They also help in industrial development by assemblage of raw materials and distribution of finished goods.
read lessTransport routes are called the basic arteries of our economy because of the following reasons:
1. Transport routes benefit trade and Commerce.
2. Transport routes help in the development in the industrial as well as agricultural economy.
3. Transport routes provide direct and gainful employment.
read less
Transport routes are called basic arteries of our economy because of the following reasons:
(i) Dense network of transport is a pre-requisite for the economic development of a region or a country.
(ii) Roads and railways are like arteries that connects areas of production with that of consumption, e.g. agricultural form is connected to agro-based industries and market.
(iii) They also help in industrial development by assemblage of raw materials and distribution of finished goods.
read less"Transport", the word means to move things from one place to the other. With better transport routes and roadways, this process of transporting goods, passengers, etc becomes easier. Industries run better when their products reach even to the remotest locations faster and better with the help of good transport routes and roadways. This way the economy stays healthy the way how a heart would stay healthy if the arteries are well functioning. Hence one can say that the transport routes are called basic arteries of our economy.
read lessView 13 more Answers
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