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      <title>The Functions of Transport to the economy. by MUHAMMAD AMZAR KAMARUNZAMAN</title>
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      <pubDate>2023-01-30 04:20:04 UTC</pubDate>
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         <title>Extensive Market</title>
         <author>2021116107</author>
         <link>https://padlet.com/2021116107/aigpx8ndrzmdqq7g/wish/2460837436</link>
         <description><![CDATA[<div>Following the growth of market digitalization, business model needed transport to increase the efficiency of distribution for their inventories. Transport will help factories from assembly raw materials to produce end product to be distributed around the world. Transport may able to bring the product everywhere towards consumers and fulfill their demand. With larger audience reach, it may help market to maximize their profits and market value.</div>]]></description>
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         <pubDate>2023-01-30 04:38:08 UTC</pubDate>
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         <title>Labour and Capital Mobility</title>
         <author>2021116107</author>
         <link>https://padlet.com/2021116107/aigpx8ndrzmdqq7g/wish/2460850532</link>
         <description><![CDATA[<div>The introduction of Industry 4.0 Revolution had raised the concern of business to find the right person to meet the required of specified works. Transport are able to migrate specialized labour with the right ability from any region. The difficulty of finding labour will hugely reduce meanwhile labour may able to find better option of job opportunities from different nation that offer better wages and flexibility. Hence, exploitation of workers such as underpaid issues will dissolved. Transport also help business to find better investment of capital in new lands that is much more accessible which significantly reduce the cost of investment and other liabilities.&nbsp;</div>]]></description>
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         <pubDate>2023-01-30 04:55:23 UTC</pubDate>
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         <title>Specialization and Division of Labour</title>
         <author>2021116107</author>
         <link>https://padlet.com/2021116107/aigpx8ndrzmdqq7g/wish/2460858787</link>
         <description><![CDATA[<div>Geological factors and climates may influence the types of national resources which is different from each country where certain countries may possess and produce various resources. Countries like China is the main producer of important Rare Earth Element which hold 93% of todays market. With transport, specified material needed may be exported to different nations to fulfil the need of certain business. This will help both parties to optimize the usage of each resources while satisfy mutual interest. The decrease of production cost for manufacturers and reduction the wastage could be achieved with the specialization and division of labour.</div>]]></description>
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         <pubDate>2023-01-30 05:06:53 UTC</pubDate>
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         <title>Economies of Large-Scale Production</title>
         <author>2021116107</author>
         <link>https://padlet.com/2021116107/aigpx8ndrzmdqq7g/wish/2460876050</link>
         <description><![CDATA[<div>Inflation had being the main villain against the worlds economy which has steadily risen through centuries despite multiple effort and solutions taken. Every year, the cost of production is not able to withstand the price fluctuations. With transport, the availability of movement of goods will cut off the price volatility. For example, the uniform prices will equalized within every region by companies producing larger output while reducing the cost per unit. This will give consumers variety of choice in affordable price meanwhile business may maintain their growth of profits.</div>]]></description>
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         <pubDate>2023-01-30 05:29:32 UTC</pubDate>
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         <title>Stability of Prices </title>
         <author>2021116107</author>
         <link>https://padlet.com/2021116107/aigpx8ndrzmdqq7g/wish/2460886112</link>
         <description><![CDATA[<div>Market price usually unstable due to government unable to put price ceiling regulation for certain products. Small amount of business companies that manage high demand product may cause higher prices offered towards consumer due to lower supply. Transport able to import product to places that may have limited access towards several goods. Therefore, the stability of prices will be achieved by multiple offer of goods and consumers higher range of choices to fulfil specified requirements and affordability.&nbsp;</div>]]></description>
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         <pubDate>2023-01-30 05:44:15 UTC</pubDate>
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         <title>Benefits to Customers</title>
         <author>2021116107</author>
         <link>https://padlet.com/2021116107/aigpx8ndrzmdqq7g/wish/2460918633</link>
         <description><![CDATA[<div>Every single person have different kind of want and needs especially specialized person need a very specific requirement to fulfil the challenge of living. Transport is able to bring special product to a destination that will benefit it users. Sometimes certain technology are not available in certain place due to limited factors and movement of the goods will bring benefits and avoid limitations without have to spend more to assembly the product in the place instead.</div>]]></description>
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         <pubDate>2023-01-30 06:33:22 UTC</pubDate>
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      <item>
         <title>Employment Opportunities</title>
         <author>2021116107</author>
         <link>https://padlet.com/2021116107/aigpx8ndrzmdqq7g/wish/2460931205</link>
         <description><![CDATA[<div>The birth of new industries especially in developing nations will require higher demand of labours. Through new facilities and other development areas, the industries need workers from the research and idea proposal, then the process to build the facilities and lastly the workers for management and maintenances. The rise of job opportunities will simultaneously increase the standard of living and later promote the purchasing power parity. As the amount of people has risen and new cities unveiled, the demand for larger job is needed and new industries will promote healthy work-life balance.</div>]]></description>
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         <pubDate>2023-01-30 06:50:14 UTC</pubDate>
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         <title>Discouragement of Monolopy</title>
         <author>2021116107</author>
         <link>https://padlet.com/2021116107/aigpx8ndrzmdqq7g/wish/2460939715</link>
         <description><![CDATA[<div>During the early ages of industry, only several companies is available in the market. Hence, each business are able to control the market prices at their own will. With transport, goods and other product may be transported to another place and give the consumer another choice. With multiple products regulated in the market, each companies have to set a price that are more affordable or beneficial offers and directly discourage monopolies. Meanwhile, it will also promote healthy competition that allow customers to enjoy goods at the best price.</div>]]></description>
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         <pubDate>2023-01-30 07:00:20 UTC</pubDate>
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         <title>Increase in National Wealth</title>
         <author>2021116107</author>
         <link>https://padlet.com/2021116107/aigpx8ndrzmdqq7g/wish/2460968630</link>
         <description><![CDATA[<div>Transportation of new material will introduce new market such as manufacturing, agriculture and commerce. With higher wages offered and industrialized areas spread through urban and rural areas, the government may able to generate income through various taxes such as corporate taxes and value-added tax. Higher national wealth will be utilized to promote advanced transportation services, increase accessibility for the people and advocate the standard of living for everyone from hospitality and digital services.</div>]]></description>
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         <pubDate>2023-01-30 07:32:46 UTC</pubDate>
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