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What is transport? With related example, discuss any three  economic functions of transport. (10 marks).

Transport can be defined as a means for to be increasing satisfaction by movement of good and passengers from one location to another location. There are 5 modes of transportation which are air, rail, road, water and pipeline. The field can be divided into infrastructure, vehicles and operations or transport means to an end.

When transport systems are efficient, they provide economic and social opportunities and benefits. 3 economic function of transport;

1) open opportunities

Transportation is allowed opportunities to people to having jobs. The more transportation service provide, the more job vacancy available. And its help economic to growth. Example like employees will serve their service in transportation to gain profits for their company.

2) Huge coverage

With variety type of transportation, people will easily get their product eventhough in rural place. Especially when customers request door to door service. It also will helps in reduce the cost of goods of consumers and increase their purchasing power. Example like, in the rural place its quite hard to get fresh meat. So that consumer can order from transportation provider to sent at their place.

3) reliability.

Improve travel time and performance. With transport it easy to get where we want to go. It will reduce our travel time from one place to another place. Example like, we can go to internationally with air transport and minimize time to arrive.

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Transport means the movement of goods or people from one location to another place. As we know transport includes modes of transportation such as air, rail, road,sea and pipelines.

Then, for economics functions of transport firstly is Utility of place refers to making goods/services readily and products availablefor the customers. For example the place utility range from retail store location to customers. Easy for customers to find our products and place.

Next, employment opportunities to the locals and we can increase the national income in transport fields offering the largest employment to the world. For example like transport provider/services that can lead to generate income to the locals.

Besides that, quantity utility refers to that goods ship will be arrive at destination without any damages. For example like we bought products through online we don’t know how the condition is so the seller need to ensure the product safely arrived to customer.

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Any device used to move an item from one location to another. Common forms of transportation include planes, trains, automobiles, and other two-wheel devices such as bikes or motorcycles.

3 function of transportation
1.stability in Prices:

Transport facilities .iron out wild fluctuations. Goods can be transported to places where there is scarcity and the prices are high from places where there is surplus and the prices are low. Such movement of goods helps in maintaining uniform prices throughout the country and further tends to equalise the prices of goods throughout the world.

2. Extensive Market:

Transport helps in the assembly of raw materials and distribution of finished goods. It makes it possible to move goods from the place of production to the place where they are to be consumed. In the earlier days, there were only local markets due to the absence of safe means of transport. Now-a-days, trade is not restricted to the boundaries of a nation, but has spread throughout the world.

Development of the efficient means of transport has knit together all the nations of the world into the one big world market. Even the perishable articles like fish, dairy products, meat etc. are being transported to distant places of the world. But for good transport facilities, such a development in trade and commerce would not have been possible.

3. Economies of Large Scale Production:

Transport has helped the development of large scale industries. It would not have been possible for these industries to procure raw materials, gather large number of workers and sell the finished goods, without the efficient facilities of transport. Thus, transport has made possible the various economies of large scale production which tend to reduce unit cost of production and help the economy.

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Transportation is a process of moving person or goods from one point to designated destination by using modes of transport. Economic function of transport is firstly, the performance improvement. With better transportation practices, the performance can be improved by reducing cost and time for both passengers and freight thus reducing lead time and increase the efficiency. It will increase transport's contribution to economic growth. Besides that, transportation also can allow market expansion. Market size will be increase by increasing market reachability. Company will have access to wider market in production, distribution, storage and consumption. Lastly, transportation economic function is its reliability. It can improves time performance and reduces loss and damage.

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NUR SHAKINAH ASHIKIN BT ANUA KAMARUDIN (A16A0726)

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NUR SHAKINAH ASHIKIN BT ANUA KAMARUDIN (A16A0726)

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Transport mean an increasing of satisfaction by movement of goods and passengers . There are four modes of transport which is rail, water, air and pipelines. Transportation is the most important element not just in logistics area also in daily life.

Economics function of transport are :

1. Economic catalyst where transport have been the most crucial element that help in the development of economy. For example, petrol because it’s basic need for a transport and at the same time petrol also one of our country’s generator.

2. Transport also raising the level of activity in economy. The increase of transportation technologies will develop many new trend. For example, Uber and Grab Car has been one of people income which contribute to country economy status

3. Transport also reduced cost in many economic sector. An efficient transport can reduce many wasteful cost. For example, by upgrading the public transport instead of make a new one.

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Transportation is the movement of human, animals and goods from one location to another. In other words, transport is means to an end. Transport can be found by air, rail, road, water, cable,pipeline and space. The importance of transportation is it enables people trades among other. transportation also was one of the source on the development of citizen.

Three economics functions of transport are:
1)  The outcome of improved capacity and efficiency where transport provides employment, added value, larger markets as well as time and costs improvements. The overall demand of an economy is increasing.
2)  The outcome of improved accessibility and economies of scale. Indirect value-added and jobs are the result of local purchases by companies directly dependent upon transport activity. Transport activities are responsible for a wide range of indirect value-added and employment effects, through the linkages of transport with other economic sectors (e.g. office supply firms, equipment and parts suppliers, maintenance and repair services, insurance companies, consulting and other business services).
3) The outcome of the economic multiplier effects where the price of commodities, goods or services drops and/or their variety increases. For instance, the steel industry requires cost efficient import of iron ore and coal for the blast furnaces and export activities for finished products such as steel booms and coils. Manufacturers and retail outlets and distribution centers handling imported containerized cargo rely on efficient transport and seaport operations.

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1.Transport or transportation is the movement of humans, animals and goods from one location to another. Modes of transportinclude air, rail, road, water, cable, pipelineand space. The field can be divided intoinfrastructure, vehicles and operations. Transport is important because it enables trade between people, which is essential for the development of civilizations.
Transport or transportation is the movement of humans, animals and goods from one location to another. Modes of transportinclude air, rail, road, water, cable, pipelineand space. The field can be divided intoinfrastructure, vehicles and operations. Transport is important because it enables trade between people, which is essential for the development of civilizations.
2. a) Transport helps in the assembly of raw materials and distribution of finished goods. It makes it possible to move goods from the place of production to the place where they are to be consumed.
b) Transport reduces the rigours of immobility of certain factors of production. Mobility of labour and capital increases with the development of transport.
c) Transport facilitates the industrial development of a country. It helps the growth of industries by making available various factors of production.

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NURUL AKMAR SHAFIKA BINTI KHIRUL AZMAN (A16A0812)

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NURUL AKMAR SHAFIKA BINTI KHIRUL AZMAN (A16A0812)

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Transportation is the movement of human, animal and goods from one location to another. Modes of transportation are air, water, rail, pipeline and road.

Three economic functions of transport are:
1) providing millions of job.
It allows men and women to earn living by manufacturing vehicles and by driving, maintaining and regulating them to allow for the safe and efficient movements of goods and people. For example, the fore-hire transportation sector employed over 4.4 million workers in 2002.
2) Productivity
Transport increase productivity gained from access to a larger and more diverse base of inputs such as raw materials, parts, energy and labour and boarder markets for more diverse outputs.
3) Improve travel time reliability.
Mobility management strategies such as more efficient road pricing, can improve time reliability, which reduces logistics and scheduling cost beyond just the travel time savings.

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What is transport
Transport is movement of goods or services from one place to another. Example: air transportation, sea transportation, pipelines, rail transportation, road transportation and track.

3economic function of transportation are ....
1. Extensive Market:

Transport helps in the assembly of raw materials and distribution of finished goods. It makes it possible to move goods from the place of production to the place where they are to be consumed. In the earlier days, there were only local markets due to the absence of safe means of transport. Now-a-days, trade is not restricted to the boundaries of a nation, but has spread throughout the world.

Development of the efficient means of transport has knit together all the nations of the world into the one big world market. Even the perishable articles like fish, dairy products, meat etc. are being transported to distant places of the world. But for good transport facilities, such a development in trade and commerce would not have been possible.
2. Specialisation and Division of Labour:

Transport helps each region and country to make optimum and efficient use of its national resources. Each region can concentrate on production of those goods for which its resources are best suited. Thus, movement of goods and people from one place to another leads to specialisation and division of labour which results in minimum wastage of resources and reduction in the cost of production.
3. Economies of Large Scale Production:

Transport has helped the development of large scale industries. It would not have been possible for these industries to procure raw materials, gather large number of workers and sell the finished goods, without the efficient facilities of transport. Thus, transport has made possible the various economies of large scale production which tend to reduce unit cost of production and help the economy.

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SAIFFUL AZRI BIN DIAN AFENDI
( A16A0950 )
Transportation is the movement of human,animals and goods from one location to another place.Mode of transport include air,rail,road,water,cable,pipeline and space.Transport is increasing satisfaction by movement of goods and passengers.
3 Economic function of transport:
1: perfomance improvement
-reducing cost and time for existing passenger and freight movement increase transport,contribuation to economic growth.
2:market size
-access to wider market in production,distribuation and comsumption.
3.Productivity
-transport become productivity gained from access to a large and more diverse base of input such as raw material

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Transportation is the movement of humans, animals and goods from one location to another. Modes of transport include air, rail, road, water,pipeline . The field can be divided into infrastructure, vehicles and operations. The other meaning is to move persons or goods from their present location to the place at which they would prefer to be..

3 economic functions of transportation is;

1) Industrial Development:

Transport facilitates the industrial development of a country. It helps the growth of industries by making available various factors of production. It would not have been possible to make such rapid industrial development without efficient means of transport.

2). Specialisation and Division of Labour:

Transport helps each region and country to make optimum and efficient use of its national resources. Each region can concentrate on production of those goods for which its resources are best suited. Thus, movement of goods and people from one place to another leads to specialisation and division of labour which results in minimum wastage of resources and reduction in the cost

3) Extensive Market:

Transport helps in the assembly of raw materials and distribution of finished goods. It makes it possible to move goods from the place of production to the place where they are to be consumed. In the earlier days, there were only local markets due to the absence of safe means of transport. Now-a-days, trade is not restricted to the boundaries of a nation, but has spread throughout the world.

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TUTORIAL 1#
What is transport? With related example, discuss any three  economic functions of transport. (10 marks).

Mode of transport is a term used to distinguish substantially different ways to perform. The different modes of transport are air, water, and people transport, which includes rail, road and off-road transport. Other modes also exist, including pipelines, cable transport, and space transport. Human-powered transport and animal-powered transport are sometimes regarded as their own mode, but these normally also fall into the other categories. In general, transportation is used for the movement of people, animals, and other things. Each mode of transport has a fundamentally different technological solution, and some require a separate environment. Each mode has its own infrastructure, vehicles, and operations.

1. Development of Agriculture: 🍃

Transport has helped in the development of agriculture also. The business of agricultural products has grown to such a large extent only do to the efficient means of transport. It would not have been possible to use modern techniques of agriculture, improved quality of seeds and fertilisers, etc., but for good transport facilities.

2. Industrial Development: 🏗

Transport facilitates the industrial development of a country. It helps the growth of industries by making available various factors of production. It would not have been possible to make such rapid industrial development.

3. High Standard of Living: 🏡

Transport helps in the increase of production thereby raising the standard of living of the people. It is possible only through the means of transport that the ‘five M’s-men, material, money, machinery and management’ can be assembled at the place of production. So, industries depend upon efficient system of transport and it creates new industries.

Best regards,
NATHAN😎

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Tutorial 1

1. Transport is any device which is used to move goods or passenger from one place to other place. The modes of transportation are air, rail, road, water, cable, pipeline and space. The field can be divided into infrastructure, vehicle and operation.

2. Three economic functions of transportation are given benefits to consumers in the economic. This is because the transportation career will give jobs to the people. So, the people will increase their profit of life. For example, one of the function of transportation is can move the people from one place to other place. That’s means it easy to people to use transportation. Likely, the student can use bus to go to the campus. This ways can reduce their cost. Besides that transportation also can improve our economic. This is because our country had many type of transportation that will give benefit to us. For example, our country has air transportation which can carry people from one place to other place. For the people who is like to travel, they can use air plane which one of mode transportation in our country. Lastly, it also can give stability in price

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Norsafinatul Naja Binti Zaharimi (A16A1210

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Norsafinatul Naja Binti Zaharimi (A16A1210

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1. What is transport?
- Transport or transportation is the movement of humans, animals and goods from one location to another. Modes of transport include air, rail, road, water, cable, pipeline and space. The field can be divided into infranstructure, vehicles and operations.

2. With related example, Discuss any economic functions of transport.
a) Extensive market
-Transport helps in the assembly of raw materials and distribution of finished goods. It makes it possible to move goods from the place of production to the place where they are to be consumed. In the earlier, there were only local markets due to the absence of safe means of transport. Nowdays, it it has spread throughout the world.
b) Stability in prices
-Goods can be transported to places where there is scarcity and the prices are high from places where there is surplus and the prices are low. Such movement of goods helps in maintaining uniform prices throughout the country and further tends to equlise the prices of goods throughout the world.
c) Mobility of labour and capital.
-Transport reduces the rigours of immobility of certain factors of production mobility of labour and capital increase with the development if transport. An efficient network of transport services encourage the movement of people from one place to another.

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Any device used to move product or goods from 1 point to another point . Normally it used rail way, road ways,pipe ways,water and air way.
3 economic function of transportation is
1.performance improvements. Reducing costs and time for existing passenger and freight movement increase transport'services contribution to economic growth.
2.productivity.
Transport increases productivity gained from access to a larger and more diverse based of input such as raw materials ,part,energy, and labor and broader market for more diverse output.
3.reliability.
Improves time performance and reduces loss and damage, thus reducing economic drag.

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What is transport? With related example, discuss any three  economic functions of transport. (10 marks).
Transport is the movement of humans, animals goods from one location to another. Modes of transport include air,rail,road and sea.The field can be divided into infrastructre,vehicle and operations. Transport is important because it enables trade between people, which is essential for the development of civilisation .

1. Extensive Market:

Transport helps in the assembly of raw materials and distribution of finished goods. It makes it possible to move goods from the place of production to the place where they are to be consumed. In the earlier days, there were only local markets due to the absence of safe means of transport. Now-a-days, trade is not restricted to the boundaries of a nation, but has spread throughout the world.

Development of the efficient means of transport has knit together all the nations of the world into the one big world market. Even the perishable articles like fish, dairy products, meat etc.

2. Economies of Large Scale Production:

Transport has helped the development of large scale industries. It would not have been possible for these industries to procure raw materials, gather large number of workers and sell the finished goods, without the efficient facilities of transport. Thus, transport has made possible the various economies of large scale production which tend to reduce unit cost of production and help the economy.

3. Stability in Prices:

Transport facilities .iron out wild fluctuations. Goods can be transported to places where there is scarcity and the prices are high from places where there is surplus and the prices are low. Such movement of goods helps in maintaining uniform prices throughout the country and further tends to equalise the prices of goods throughout the world.

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Nurul Hezlin Elisya Binti Mohd Yahya (A16A0841

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Nurul Hezlin Elisya Binti Mohd Yahya (A16A0841

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Transport is for increasing satisfaction by movement of goods and passenger or its means to an end. Three economic function of transport is:
(1) Economic of large scale production - Transport has helped the development of large scale industries. It would not have been posibble for these industries to produce raw materials, gather large number of worker and sell the finished goods. The efficient transport reduces cost in economic sector.
(2) Stability in prices - Goods can be transported to places where there is scarcity the price are high from places where there is surplus and the prices are low.
(3) Employment opportunities and increase in the national income - The economics development of a country depend upon the improved means of transport. Transport constributes substantially to the national income of the nations.

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Transport is the movement of humans, animals, and goods from one location to another. In the other words, transport mean to an end. The economic functions of transport is extensive market which help in assembly of raw material and distribution of finished goods. It move the goods from the place of production to the place where they are to be consumed. Next, the specialisation and division of labour. Transport helps each region and country to make optimum and efficient use of its national resources. Each region can concentrate on production of those goods for which its resources are best suited. Lastly, economies of large scale production. Transport has helped the development of large scale industries. It would not have been possible for these industries to procure raw materials, gather large numbers of workers and sell the finished goods without the efficient facilities of transport.

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1.   Transport can be defined as vehicle that can transfer goods or people from want place to another. When transport system is efficiency is can affected  economic benefits. This is because goods can be accessibility to the market and can increase economic growth effieciency. Transportation provides market accessibility by linking producers and consumers so that transaction can be made. Next is job creation by transportation. There will be many job oppurtunities, in transportation sector offered to people. Like example pilot, freight forwarder. Last is boost international trade that a one benefits to our national economy like example the increases of exportation. Moreover,consumers can access to wider ranges of goods or service.

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Transport or transportation is the movement of human being, animal, good and services from one place to another. Modes of transportation can be divided into five which is By air, rail, pipeline, trucks, and sea transportation.   For examples of transportation are trucks, aeroplanes, ships, pipeline, trains and extra.   Economic functions of transport  is: 1) Network effects, it makes more link from many location which increases the value and effectiveness of transport, For example in online shopping we need to have an transportation to assist in delivery of product to the customer where we indirectly build networks throughout the world.which effects the network. 2) Productivity , by transportation we could increase productivity gained from access to a larger and more diverse base of inputs such as raw materials, parts,energy, and labor, and broder markets for more diverse output, for an example we could import goods or raw materials that is more good in quality and cheaper in price and we does not need to compete with competitors who compete with us to obtain raw materials. All this can be done by having good transport.
3.) Realibility , improves time performance and reduces loss and damage, thus reducing drag. for an example
we could transport an special goods we need an fast transportation like helicopters, this proves the importance of transportation.

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Transport is Transport or transportation is the movement of humans, animals and goods from one location to another. Modes of transport include air,rail, road, water and pipeline. The field can be divided into infrastructure, vehicles and operation.
3 economic function of transport.
-extensive market: transport help in the assembly of raw material of finished goods. It makes it possible to move goods from place of production to the place where they are to be consumed.
- Industrial development: transport facilitaters the industrial development of a country. It helps the growth of industries by making available various factors of production.
-economies of large scale production: transport has helped the development of large scale industries. It would not have been possible for these industries to procure raw materials, gather large number of workers and sell the finished good, without the efficient facilities of transport.

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PRABHU A/L SHAMUGAM.(A16A0901).                

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PRABHU A/L SHAMUGAM.(A16A0901).                

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( Tutorial 1) What is transport? With related example, discuss any three  economic functions of transport.?
I) Transport or transportation is the movement of humans, animals and goods from one location to another. Modes of transport include air, rail, road, sea, and pipe.Transport is important because it enables trade between people, which is essential for the development of civilisations.                                              ii)Three economic function of transport?                             a)Economic large scale of production
Transport has helped the development of large scale industries. It would not have been possible for these industries to procure raw materials, gather large number of workers and sell the finished goods, without the efficient facilities of transport. Thus, transport has made possible the various economies of large scale production which tend to reduce unit cost of production .

b)Stability in price.

Transport facilities isiron out wild fluctuations. Goods can be transported to places where there is scarcity and the prices are high from places where there is surplus and the prices are low. Such movement of goods helps in maintaining uniform prices throughout the country and further tends to equalise the prices of goods throughout the world. c)Mobility of Labour and Capital.
Mobility of labour and capital increases with the development of transport. An efficient network of transport services encourages the movement of people from one place to another.Labour can migrate to the place where they can get better job opportunities, which reduces the exploitation of workers.

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LAVIN NAMBIAR A/L VIJAYA KUMARAN 😎A16A0280

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LAVIN NAMBIAR A/L VIJAYA KUMARAN 😎A16A0280

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Transport is mean takeor  carry people or goods from one place to another by means of a vehicle, aircraft, or ship. Transport also can be defined as a large weight or large number of people can be carry or take from one place to another place.Examples of transportation modes such as air, sea,trucks,rails and pipelines. THere is three economic functions: 🚆Reliability - it’s means transport can reduce damages and loss, and improvements time performance .  As example ,air transports is fastest transport can be done in short period. 🚃Productivity- transport will increase productivity gained from access to larger and more diverse base of inputs such as raw materials,parts,energy,and labor, and broader markets for more diverse outputs.As example, by using transport ,we could import raw materials from other country which more cheap in price that we can decrease our production cost. 🚇Performance improvements- transport can reduce cost and time for passenger and freight movements increase transport contribution to economic growth. As example using transport we can increase in productivity that will contribute to economic growth because of transport can carry or take a large numbers of goods and people from one place to one place in short period.

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Transport to moving of good or people from one place to another place for example use the mode transportation by air, road, rail, water, and pipeline.Three economic function of transport are:
1)Performance improvements it can reducing cost and time for existing passenger and freight movement increase transports contribution to economic growth.
2)Productivity
Transport can increase productivity gained from acess to a large and more diverse base of inputs such as raw materials, parts, energy, labor, and broder market for more diverse outputs
3)Market Saiz can acess to wider market adds to economies of scale in production, distribution, and consumption there by increasing economic growth.

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Tutorial 1

Transportation can be define as the movement of products and goods from one location to another location with the use of vehicles and devices. Common forms of transportation include planes, trains, ships and other two-wheel devices such as bikes or motorcycles.
3 economic function of transportation:                              1. Network creation- Transportation helps to link one locations with another location. By the movement of people and goods from one place to another place, we get network connection with the people and business agents at many places. Hence, transportation helps to increase the economic connection by connecting people around different networks and areas.                     2. Reliability—Transportation helps to improves time performance and help to deliver the goods just in time (JIT) . Hence, it reduces loss and damage to the goods we delivering, thus reducing economic drag.        3.Productivity—Transportation increases productivity by connection diverse market network in one business chain. Hence, we can produces more better level of productivity  with the larger and more diverse base of inputs such as raw materials, parts, energy, and labor from wider market.

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(WAN NOR FATIHAH BINTI WAN ISMAIL A16B1140)

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(WAN NOR FATIHAH BINTI WAN ISMAIL A16B1140)

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Transport is to transfer or convey from one place to another. Modes of transport include air,rail,road,water and pipeline.
3 economic function of transport:
1) performance improvements - reducing cost and time for existing passenger and freight movement increase transport's contribution to economic growth.
2) market size - access to wider market in production, distribution and consumption.
3) productivity - transport become productivity gained from access to a large and more diverse base of input such as raw materials, parts, energy and labor.

# data[].attributes.headline
RAZIYATUL AKMA BINTI MOHD RODZI (A16A0932)

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RAZIYATUL AKMA BINTI MOHD RODZI (A16A0932)

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Tutorial 1
What is transport? With related example, discuss any economic functions of transport.(10 marks).

Answer:

Transport is a means for increasing satisfaction by movements of goods and passengers from the point of origin to the end of users. There are five types of transportation which is air, road, rail, sea and pipelines. Transportation was use to move persons or goods to where their belong to. Furthermore, transportation is not demanded for itself. For the example is, the transportation will be use by a company if have a customer make a order and they need to send the order by using any type of the transportation according the situation. Moreover, transportation is not a direct demand but needed or demanded for other purposes. Demand is desire supported by purchasing power.

The economic functions of transportation can be explain when transport systems are efficient, they provide economic and social opportunities and benefits that result in positive multipliers effects such as better accessibility to markets, employment and additional investments. When transport systems are deficient in terms of capacity or reliability, they can have an economic cost such as reduced or missed opportunities and lower quality of life. At the aggregate level, efficient transportation reduces costs in many economic sectors, while inefficient transportation increases these costs. In addition, the impacts of transportation are not always intended and can have unforeseen or unintended consequences. For instance, congestion is often an unintended consequence in the provision of free or low cost transport infrastructure to the users. However, congestion is also the indication of a growing economy where capacity and infrastructure have difficulties keeping up with the rising mobility demands. Transport carries an important social and environmental load, which cannot be neglected. The added value and employment effects of transport services usually extend beyond those generated by that activity indirect effects are salient. For instance, transportation companies purchase a part of their inputs (fuel, supplies, maintenance) from local suppliers. The production of these inputs generates additional value-added and employment in the local economy. The suppliers in turn purchase goods and services from other local firms. There are further rounds of local re-spending which generate additional value-added and employment. Similarly, households that receive income from employment in transport activities spend some of their income on local goods and services. These purchases result in additional local jobs and added value. Some of the household income from these additional jobs is in turn spent on local goods and services, thereby creating further jobs and income for local households. As a result of these successive rounds of re-spending in the framework of local purchases, the overall impact on the economy exceeds the initial round of output, income and employment generated by passenger and freight transport activities.

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1) Transportation is a kind of device that helps to move human beings,animals and goods from one point to another point. The most famous transports that are being used nowadsys is trucks, rails,pipeline, aeroplane and so on.
There are many economic functions that we can get from transportation.
a) First one is performace improvements. Because transportation can reduce cost and and also can save the time of the passengers. This will support the economic growth.
b) Transportation also helps to expand the market size. From this, the goods in the market can be produced,distributedand also can reach the hand of customers for consumption at the time they needed that.
c) Transportation also improves the working opportunity and this helps for the growth of the company

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1. Any device used to move an item from one location to another. Coming forms of transportation include,air, rail, road, sea, and pipelines.The process of shipping or moving an item from point A to point B.The field can be divided into infrastructure,vehicls andoperations. Transport is important because it enables trade between people, which is essential for the development of civilizations.

Economics function of transportation

1. Extensive Market:
Transport helps in the assembly of raw materials and distribution of finished goods. It makes it possible to move goods from the place of production to the place where they are to be consumed.Development of the efficient means of transport has knit together all the nations of the world into the one big world market. Even the perishable articles like fish, dairy products, meat etc. are being transported to distant places of the world. But for good transport facilities, such a development in trade and commerce would not have been possible.

2. Mobility of Labour and Capital:
Mobility of labour and capital increases with the development of transport. An efficient network of transport services encourages the movement of people from one place to another.Labour can migrate to the place where they can get better job opportunities, which reduces the exploitation of workers.

3. Stability in Prices:
Transport facilities .iron out wild fluctuations. Goods can be transported to places where there is scarcity and the prices are high from places where there is surplus and the prices are low. Such movement of goods helps in maintaining uniform prices throughout the country and further tends to equalise the prices of goods throughout the world.

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Siti nurhidayah nabilah bt badrul helmy  (A16A1030)

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Siti nurhidayah nabilah bt badrul helmy  (A16A1030)

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1. Transport is the movement of humans, animals and goods from one location to another. Modes of transport include air, rail, road, water, cable, pipeline and space. The field can be divided into infrastructure, vehicles and operations.

The economic functions of transport is  discouragement to monopoly . The scope of total income is extended by the development of the means of transport. As commodities can be quickly transported from one place to another, local producers cannot charge prices at their own will. This discourages monopoly and encourages competition.

Secondly,economies of large scale production. Transport has helped the development of large scale industries. It would not have been possible for these industries to procure raw materials, gather large number of workers and sell the finished goods, without the efficient facilities of transport. Thus, transport has made possible the various economies of large scale production which tend to reduce unit cost of production and help the economy.

Lastly, benefits to consumers. The consumers can enjoy the benefit of use of many goods, which cannot be produced at their place, by transporting such goods from other distant places. Further, it helps in reducing the cost of goods of consumers and increases their purchasing power.

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Tutorial 1
What is transport? With related example, discuss any economic functions of transport.(10 marks).

Transport is increasing satisfaction by movement of goods and passengers.Transport is the movement of humans, animals and goods from one location to another. Modes of transportinclude air, rail, road, water and pipeline. The field can be divided into infrastructure, vehicles and operations. Transport is important because it enables trade between people, which is essential for the development of civilisations.
There are three economic functions which are core, operational and geographical.

Core is most fundamental impacts of transportation relate to the physical capacity to convey passengers and goods and the associated costs to support this mobility. This involves the setting of routes enabling new or existing interactions between economic entities.

Operational function is about Improvement in the time performance, notably in terms of reliability, as well as reduced loss or damage. This implies a better utilization level of existing transportation assets benefiting its users as passengers and freight are conveyed more rapidly and with less delays.

Geographical function is about Access to a wider market base where economies of scale in production, distribution and consumption can be improved. Increases in productivity from the access to a larger and more diverse base of inputs (raw materials, parts, energy or labor) and broader markets for diverse outputs (intermediate and finished goods). Another important geographical impacts concerns the influence of transport on the location of activities and its impacts on land values.

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Answer.....

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SITI NORHAFIZAH BINTI MOHD AZAN (A16A1008) Transport or transportation is the movement of humans, animals and goods from one location to another. Modes of transport include air, rail, road, water, cable, pipeline and space. The field can be divided into infrastructure, vehicles and operations. Transport is important because it enables trade between people, which is essential for the development of civilizations.

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SITI NORHAFIZAH BINTI MOHD AZAN (A16A1008) Transport or transportation is the movement of humans, animals and goods from one location to another. Modes of transport include air, rail, road, water, cable, pipeline and space. The field can be divided into infrastructure, vehicles and operations. Transport is important because it enables trade between people, which is essential for the development of civilizations.

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1)The most fundamental impacts of transportation relate to the physical capacity to convey passengers and goods and the associated costs to support this mobility. This involves the setting of routes enabling new or existing interactions between economic entities.

2) Improvement in the time performance, notably in terms of reliability, as well as reduced loss or damage. This implies a better utilization level of existing transportation assets benefiting its users as passengers and freight are conveyed more rapidly and with less delays.

3)Access to a wider market base where economies of scale in production, distribution and consumption can be improved.Increases in productivity from the access to a larger and more diverse base of inputs (raw materials, parts, energy or labor) and broader markets for diverse outputs (intermediate and finished goods). Another important geographical impacts concerns the influence of transport on the location of activities and its impacts

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-transport means to carry people or goods from one place to another by means to an end.
-transport is economic catalyst. Three economic funtion of transport:
1. Increase in national wealth means transport helps in increasing the national wealth of a country by facilitating agriculture, industry, trade and commerce.
2. Benefits to consumers; improved means of transport benefit the consumers in many ways. The consumers can enjoy the benefit of use many goods, which cannot be produced at their place, by transporting such goods from other distant places. Further, it helps in reducing the cost of goods of consumers and increases their purchasing power.
3. Employment opportunities and increase in the national income means the various of transports provide employment to million of people throughtout the world. The economic development of a country depends upon the improved means of transport. Thus, transport contributes substantially to the national income of the nations.

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Siti Nur Solihah Binti Mohd Sarbani (A16A1022)

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Siti Nur Solihah Binti Mohd Sarbani (A16A1022)

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1. What is transport? With related example, discuss any economics functions of transport.

Transport is increasing satisfaction by movement of goods and passengers, means to an end or the movement animals, humans and goods from one location to another. The modes of transport rail, pipelines, sea and air

The economics function of transport is:
1. Increase in national wealth. This means that the transport helps in increasing the national wealth and income of a country by facilitating agriculture, industry, trade and commerce. It is also a source of revenue to the government. The transport also source for country.

2. Employment opportunities and increase in the national income. Transport provide employment to millions of people and decrease unemployed. If the unemployed decrease, the economic of country decrease. The economic development of a country depends upon the improved means of transport.

3. Stability in prices. Goods can be transported to places where there is scarcity and the prices are high from places where there is surplus and the prices are low. Such movement of goods helps maintaining uniform prices throughout the country and further tends to equalise the prices of goods throughout the world.

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Noor Aina Binti Mohamad Nasiruddin (A16A0485)

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Noor Aina Binti Mohamad Nasiruddin (A16A0485)

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1. Transport is increasing satisfaction by movement of goods and passengers.

The role of transportation in economic can be seen through labor division in society. As the businesses increased and produced more goods than they can sell locally, they need to access wider in market, at some stage, water transportation became one of the important role. It linked to worldwide and can increase the networking between the countries.

Apart from that, reliability of transport itself that can improve time performance and reducing loss and damage of the goods. The safety is secured such as the insurance premium that can give a return back if anything bad could happen. It also can avoid economic drag and increase the efficiency of the transport.

Thus, the improvement of rural transportation can lead to greater rural economic growth. Natural resources such as herbs from the rural can be transported easily with current transport, plus it can help them to enlarge their income.

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Tutorial 1
What is transport? With related example, discuss any economic functions of transport.(10 marks).

Transport or transportation means the movement of people, animals and products starting with one area then onto the next. Modes of transport incorporate air, rail, road, water, link, pipeline and space. The field can be isolated into framework, vehicles and operations. Transport is vital in light of the fact that it empowers exchange between individuals, which is basic for the advancement of civic establishments.

Three economic functions of transport are:
Center.
The most major effects of transportation identify with the physical ability to pass on travelers and products and the related expenses to help this versatility. This includes the setting of courses empowering new or existing cooperations between monetary substances.

Operational.
Change in the time execution, prominently as far as dependability, and in addition diminished misfortune or harm. This suggests a superior use level of existing transportation resources profiting its clients as travelers and cargo are passed on more quickly and with less deferrals.

Geological.
Access to a more extensive market base where economies of scale underway, dissemination and utilization can be progressed. Increments in efficiency from the entrance to a bigger and more assorted base of data sources (crude materials, parts, vitality or work) and more extensive markets for different yields (middle and completed products). Another essential topographical effects concerns the impact of transport on the area of exercises and its effects ashore values.

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SATTHIVEL SEGARAN. A16A0957.             A)Transport is movement of good or people from one place to another place.

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SATTHIVEL SEGARAN. A16A0957.             A)Transport is movement of good or people from one place to another place.

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B)The type of Modes transport include air, rail, road, cable, and pipeline.
C).                                 1)Transport has helped the development of large scale industries. It would not have been possible for these industries to procure raw materials, asseble large number of labour and sell the finished goods, without the efficient facilities of transport. Thus, transport has made possible the various economies of large scale production which tend to reduce unit cost of production and help the economy.            2)The various means of transport provide employment to millions of people throughout the world. The economic development of a country depends upon the improved means of transport. Thus, transport contributes substantially to the national income of the nations.                  3) Transport facilitates the industrial development of a country. It helps the growth of industries by making available various factors of production. It would not have been possible to make such rapid industrial development without efficient means of transport.

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1. What is transport?

Transport or transportation is the movement of humans, animals and goods from one location to another. Modes of transport include air, water, road, rail and pipeline. The field can be divided into infrastructure, vehicles and operations or transport means to an end.

2. Three economic function of transport with related example.

* Increase in national wealth > transport helps in increasing the national wealth of a country by facilitating agriculture, industry, trade and commerce.

* Benefits to Consumers > improved means of transport benefit the consumers in many ways. The consumers can enjoy the benefit of use of many goods which cannot be produced at their place. By transporting such goods from other distant places. Futher, it helps in reducing the cost of goods of consumers and increase their purchasing power.

* Stability in price > goods can be transported to places where there is scarcity and the prices are high from places where there is surplus and the prices are low. Such movement of goods helps in maintaining uniform price throughout the country and further tends to equalise the prices of goods throughout the world.

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Tutorial 1

1. What is Transport.

Transport is any device use to move any goods from point of origin to the point of consumption. Transportation can be planes, automobiles, trucks or ship.

2. Three economic functions of transport.

First economic function of transport is utility of goods. When any country have an efficient highway systems, the arriving time for the goods will be faster compare to the bad highway systems that maybe take much longer to arrive.
Secondly, economic function of transport is quantity utility. The goods that ship will be arrive without any damage. For example when we buy spectacle through online, the spectacle need to arrive in a good condition in order to gain customer satisfaction.
Third, productivity. Transport increases productivity gained from access to a larger and more diverse base of input such as raw materials, parts and broader market for more diverse output.

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What is transport? With related example, discuss any three  economic functions of transport. (10 marks).

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