Chapter 7 Lifelines of National Economy
Top questions
See all →- Write a note on the changing nature of the international trade in the last fifteen years. Exchange of information and knowledge has surpassed exchange of goods and commodities. Through its advanced software knowledge and excellenc... 1
- Why are the means of transportation and communication called the lifeline of a nation and its economy? The means of transport provide an important link between the producers and consumers of goods. The transport routes or channels are, thus, t... 1
- What is meant by trade? What is the difference between international and local trade? Exchange of goods, commodities or services between people, states or countries is termed as trade. The Products are exchanged between region... 1
- What is the significance of the border roads? Border roads are of strategic importance in the northern and north-eastern border areas. These roads have improved accessibility in areas of... 1
- Where and why is rail transport the most convenient means of transporation? Railways can transport larger number of goods and passengers over long distances at economical cost. Hence, Railways are the most convenient... 1
- State any three merits of roadways. Three merits of roadways are: Constructing road ways is cheaper Roadways connects door to door thus minimal cost of loading and unloading. P... 1