Transport

Goods are produced at a few places but are required for use at several different places. It is the function of transport to carry goods from centers of production to centers of consumption. It creates place utility by transferring goods from one place to another. It has linked all parts of the world. Transport helps in assembling the goods and in distribution. It widens market, increases mobility of labor and capital, and facilitates large-scale production. The various modes of transport have helped the growth of industry and trade.