Lifelines of National Economy PDF
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Uploaded by JudiciousTroll
2020
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Summary
This document discusses the 'Lifelines of National Economy', focusing on transport, communication, and trade. It details how these factors contribute to a nation's economic progress. The textbook explores various modes of transport and their importance in today's globalized world.
Full Transcript
We use different materials and services in our the help of equally developed communication daily life. Some of these are available in our system. Therefore, transport, communication immediate surroundings, while other and trade are complementary to each other. r...
We use different materials and services in our the help of equally developed communication daily life. Some of these are available in our system. Therefore, transport, communication immediate surroundings, while other and trade are complementary to each other. requirements are met by bringing things from Today, India is well-linked with the rest of other places. Goods and services do not move the world despite its vast size, diversity and from supply locales to demand locales on their linguistic and socio-cultural plurality. own. The movement of these goods and services Railways, airways, waterways, newspapers, from their supply locations to demand locations radio, television, cinema and internet, etc. have necessitates the need for transport. Some people been contributing to its socio-economic are engaged in facilitating these movements. progress in many ways. The trades from local These are known to be traders who make the to international levels have added to the vitality products come to the consumers by of its economy. It has enriched our life and transportation. Thus, the pace of development added substantially to growing amenities and of a country depends upon the production of facilities for the comforts of life. goods and services as well as their movement In this chapter, you will see how modern over space. Therefore, efficient means of transport means of transport and communication serve are prerequisites for fast development. as lifelines of our nation and its modern Movement of these goods and services can be economy. It is thus, evident that a dense and over three important domains of our earth i.e. land, efficient network of transport and water and air. Based on these, transport can also communication is a prerequisite for local, be classified into land, water and air transport. national and global trade of today. Fig. 7.1 For a long time, trade and transport were TRANSPORT restricted to a limited space. With the development in science and technology, the Roadways area of influence of trade and transport India has second largest road networks in the expanded far and wide. Today, the world has world, aggregating to about 62.16 lakh km been converted into a large village with the help (2020–21). In India, roadways have preceded of efficient and fast moving transport. railways. They still have an edge over railways Transport has been able to achieve this with in view of the ease with which they can be built Reprint 2024-25