We use different materials and services in our daily life. Some of them are available in our immediate surroundings, while other requirements are met by bringing things from other places. The importance of transport and communication is seen in today’s time as the world has converted into a large village with the help of efficient and fast moving transport.
Arguments to support the above statement are as follows :
- Fast and efficient transport system is required for products to reach their destinations on time, otherwise business will suffer badly.
- Communication is vital for international trade where much advance planning is required for its success. For example a container has to be book in advance for export trade as most of the goods are exported through ships.
- Transport is required to carry raw materials to production centres and manufacturing hubs then to the markets.
- Modern communication facilities like the internet allow commercial transactions to take place over large distances including overseas transactions. They also keep buyers and sellers informed about their present and prospective markets.
Thus, it can be concluded that dense and efficient network of transport and communication is a pre-requisite for national and international trade.