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State with Reasons Whether the Following Statement is True Or False. Transport is Useful 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 is useful in raising standard of living.

Options

  • True

  • False

MCQ
Answer in Brief
True or False

Solution

This statement is True.

  1. Transport creates place utility. It helps people to improve their standard of living by providing them with goods of their choice from the faraway places.
  2. It also provides employment opportunities and thus improves standard of living of so many drivers and cleaners.
  3. Because of Hi – tech cold storage container & fast modes of transport facilities, most of the perishable goods can be preserved and sold to faraway market and it gives an opportunity to people to earn good amount of income.
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Role of Transport
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2013-2014 (March)

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