JSS3 First Term Business Studies Lesson Note – Transportation

The content is just an excerpt from the complete note for JSS3 First Term Business Studies Lesson Note – Transportation. Check below to download the complete DOCUMENT

WEEK: 5

Topic: TRANSPORTATION

CONTENT:

1. Meaning of Transportation.
2. Importance of Transportation.
3. Types of Transportation: Road, Air, Rail, Water and Pipeline etc
4. Advantages and Disadvantages of types of Transportation.

Sub-Topic 1: MEANING OF TRANSPORTATION, IMPORTANCE OF TRANSPORTATION IN COMMERCE and TYPES OF TRANSPORTATION.

MEANING OF TRANSPORTATION

As an aid to trade, transportation is the process of moving goods and people from one place to another.  It is the life-blood of an economy.  Without transportation goods produced cannot get to the final consumer and thus, production cannot be complete.

IMPORTANCE OF TRANSPORTATION IN COMMERCE

1. Transportation makes it possible for manufacturers to get raw materials to factories and carry finished goods from factories to their final consumers.
2. It facilitates the movement of persons from one place to another
3. It facilitates the distribution of goods and thus encourages mass production of goods. For example, Cocoa produced in Nigeria is transported to other countries, and this increases the production of cocoa in Nigeria.
4. It provides employment for workers within the transport system, thereby helping to improve standard of living.
5. As a life-blood of the economy, it contributes to gross national product and national income.
6. By contributing to national income, on the long run, it gears the nation towards economic development.

Sub topic 2: TYPES OR MEANS OF TRANSPORTATION

There are five basic types of Transportation.  These are

1. Road
2. Rail
3. Water

To gain full access to the note: DOWNLOAD FILE