Q.Explain any four ways in which transport helps commerce.

Transport helps commerce chiefly by creating place utility, linking producers to markets, widening the market, and helping stabilise regional prices.

Transport helps commerce in several distinct ways, of which any four fully answer this question:

1. Creates place utility — a good becomes genuinely useful to a buyer only once it is physically present where the buyer needs it.
2. Links producers and markets — allows raw materials to reach factories and finished goods to reach markets, regardless of distance.
3. Widens the market — lets a producer sell across the country and internationally, not just near the factory.
4. Helps stabilise prices — moving surplus goods from one region to a region facing shortage evens out sharp regional price differences. …