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Transportation Role in Economic Development

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Transportation Role in Economic Development

Question

Outline four ways on how transport contributes to economic development.

Answer

- Creates employment for the citizens – drivers, touts etc.
- Encourages specialization
- Increases production / mass production
- Promotes industrialization
- Minimizes wastage as goods are marketed
- Source of government revenue used in developing infrastructure
- Increased supply of labor and raw materials
- Widens the market
- Encourage exploitation of natural resources