Why is a dense and efficient network of transport and communication a perequisite for the development of local, national and global trade of today? Give your opinion.
The opinions:
(i) This is necessary to carry raw materials to production centres and from manufacturing hubs to markets in as little time as possible to achieve efficiency, especially for perishable goods.
(ii) It enables goods to reach newer markets and allows people greater accessibility to goods and services. Efficient transport network enables markets to expand to hinterland.
(iii) Technology has made much faster delivery of goods across long distances possible at lower costs.