GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The movement of the goods and services from their supply locations to demand locations necessitates the need for ____
A
companies
B
industries
C
transport
D
retailers
Explanation: 

Detailed explanation-1: -Complete answer:The transport system operates as the medium for moving goods and services from supply locations to demand locations. The transport system also allows the movement of people.

Detailed explanation-2: -It enables goods to reach newer markets and allows people greater accessibility to goods and services. Efficient transport network enables markets to expand to hinterland. (iii.)

Detailed explanation-3: -transportation, the movement of goods and persons from place to place and the various means by which such movement is accomplished.

There is 1 question to complete.