Explain the importance of trade, transport and communication.

Explanation

(i) They link the areas of production with areas of consumption.
(ii) They reduce distance between places of natural resources, manufacturing and market.
(iii) They facilitate the movement and exchange of goods and services and people.
(iv) Today.s world economy heavily depends on efficient trade, transport and communication.
(v) High living standard and quality of life depend on efficient transport, communication and trade.
(vi) It promotes cooperation and unity among scattered peoples.