Functions of transport to commerce are:
(i) Transport facilitates quick and efficient distribution of goods in the country
(ii) Promotion of trading activities between part of the country
(iii) Facilitates efficient movement of production resources
(iv) It increases the efficiency of productive unity in a country
(v) Transport encourages the development of rural areas
(vi) It leads to economic growth and development of a country
(vii) It widens the market for the sale of goods and services
(viii) Transport prevents wastes because perishable and surplus goods will get rotten where they were produced if efficient transport fails to exist.
(ix) By making goods and services from other part of a country and other country available, transport helps to improve the standard of living of the people of a country
(x) Transport encourages trade between one country and another
300 Level Introduction To Entrepreneurial Skills Practices exam questions and detailed answers. Download the answers…
300 Level Introduction To Entrepreneurial Skills Practices exam questions and detailed answers. Download the answers…
300 Level Introduction To Entrepreneurial Skills Practices exam questions and detailed answers. Download the answers…
300 Level Measurement & Evaluation In Educational Practices exam questions and detailed answers. Download the…
GCE 302 Theory Questions: ClassificGCE 302 Theory Questions: Classification Of Testsation 300 Level Measurement &…
300 Level Measurement & Evaluation In Educational Practices exam questions and detailed answers. Download the…