Why are the means of transportation and communication called the lifelines of national economy ? -SST 10th

Why are the means of transportation and communication called the lifelines of national economy ? -SST 10th
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The means of transportation and communication are called the lifelines of National economy because (i) it linked the world with transport network (ii) Railways, roadways newspaper,television, cinema and internet have been contributing to socio-economic progress. (iii) The trades from local to international levels have added to the vitality of its economy. (iv) It has enriched our life and added substantially to growing amenities and facilities for the comforts of life.
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Write the contribution of industry to national economy -SST 10th

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Last Answer : 'A system in chemical nomenclature and notation of indicating the oxidation state of the significant element in a compound or ion by means of a Roman numeral that is used in parentheses after the name or ... this element and ending invariably in -ate in the case of an anion and that is placed .

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Mixed Economy means:

Description : Mixed Economy means:

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'Take-off stage' in an economy means - (1) Steady growth begins. (2) Economy is stagnant. (3) Economy is about to collapse. (4) All controls are removed.

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Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Last Answer : (2) Co-existence of public and private sectors Explanation: A mixed economy is variously defined as an economic system consisting of a mixture of either markets and economic planning, public ... economies are mixed where the means of production are shared between the private and public sectors.

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Last Answer : : a) Minimal government intervention in trade and minimum regulations

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Last Answer : B. Liberating the industry, trade and economy from unwanted restrictions

If an economy is under developed, it means: A. Agriculture is the main occupation B. Standard of living of people is low C. Production Techniques are backward and obsolete D. All of the above

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Last Answer : B. Standard of living of people is low