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State with Reasons Whether the Following Statement is True Or False. Transport Helps in Raising Standard of Living. - Organisation of Commerce and Management

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Question

State with Reasons whether the following statement is TRUE or FALSE.

Transport helps in raising standard of living.

Options

  • True

  • False 

MCQ
True or False

Solution

Transport helps in raising standard of living- True
Explanation:
Transport helps in raising the standard of living because it helps in delivering a wide variety of goods to people. Also, it provides employment opportunities to people, thus helping in raising their income level.

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Role of Transport
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Chapter 2: Business Services - True or False [Page 85]

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