How are means of transport and communication complementary to each other? Explain with three examples.
Means of transport and communication are complementary to each other in the following
three ways:
i. Transport and communication establish links between production centres and consumption centres and provide the links through which these two centres carry out trade.
ii. Such networks connect the remote pockets of the country with other parts. Hence, effective distribution of produced goods becomes possible.
iii. The movement of raw material becomes much more efficient if there are elaborate means of transport and communications available.
Why is India not able to perform to her full potential in iron and steel production? Explain any three reasons.
How are local companies benefitted by collaborating with multinational corporations? Explain with examples.
‘Cheap and affordable credit is essential for poor households both in rural and urban areas’. In the light of the above statement, explain the social and economic values attached to it.
Explain any three measures taken by the British government to repress the movement started against the Rowlatt Act.
Which were the two types of demands mentioned by Gandhi in his letter to Viceroy Irwin on 31 January 1930? Why was the abolition of ‘salt tax’ the most stirring demand? Explain.
Why was the decade of 1830s known as great economic hardship in Europe? Explain any three reasons.
