Economic and Commercial Geography is very important now a day for students and also very important subject for every person because its helps in various fields of life, these some important are given below:
importance of economic and commercial geography
The study of Economic and Commercial Geography play an important role for Economist. It can help the economist while making economic planning. Through the study of Economic and Commercial Geography economist can find out the resources available in a country. The study of Economic and Commercial Geography is also helpful for industrialist. It can help the industrialist to know about the industrial processes and to learn know the raw material. So, an industrial can easily invest his capital after studying the Economic and Commercial Geography.
Agriculturalist can also get maximum advantage after the complete study of Economic and Commercial Geography. When he knows about the quality of seeds and new methods and techniques so, he can get maximum output. A trader can trade his goods and services in such a way if he has complete knowledge about the market, its size location and many others factors.
Thus, a businessman can make his business more efficient after the study of Economic and Commercial Geography. The study of Economic and Commercial Geography is also helpful for the students. Especially it can help the commerce students to choose right path for their future, so that they can become successful businessmen, industrialist, traders and bankers etc. The study of Economic and Commercial Geography can guide the ruling class, they can know about the agricultural, minerals and industrial progress in different parts of the world. It tells the people that how can they utilize the available resources and how they improve their standard of living. The study of Economic and Commercial Geography can guide the ruling class, how the best use of natural resources can be made. So, the Challenges of poverty, hunger and unemployment can be handled. Read more
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