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प्रश्न
Justify the following statement.
Transport creates place utility.
उत्तर
- Transport is one of the important auxiliaries to trade.
- Transport brings raw materials and people to the place of production and carries finished products to the market.
- There are different modes of transport through it carries goods and people from one place to another. They are rail, road, water, and air.
- If goods are produced in one place, they may not have demanded at that place only.
- Transport carries them to another place where they are demanded and create place utility.
- Thus, we can say that transport creates place utility.
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संबंधित प्रश्न
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Select the correct option and rewrite the sentence.
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Commerce is a branch of _______
Give one word/phrase/term.
The type of industries that creates immovable wealth.
Give one word/phrase/term.
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Complete the sentence.
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| Group A | Group B |
| Trade between different countries | _________________ |
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| Group A | Group B |
| Purchase of goods and services from another country. | _________________ |
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| Group A | Group B |
| ______________________ | Selling of goods and services to foreign customer |
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| ______________________ | Link between producer and retailer |
Answer in one sentence.
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