transport

function of transport that refers to the transportation of goods and services to satisfy wants and needs

• political function

• economic function

• social function

• transportation

Impacts of transport on economic factors are

• Geographic specialisation

• Large scale production

• Increased land value

• Increased competition

is the amount of a product that is the amount of a product that consumers are willing and able to purchase at any given price. Consumers are willing and able to purchase at any given price.

• Demand
• Supply
• Equilibrium
• Price elasticity

generated by the economy which is made up of people, institutions and industries which generate movement of people and freight

• Transportation sector
• Agricultural sector
• Healthcare sector
• Education sector

demand for transportation to move goods such as agriculture and bulk liquids, coal, automotive, iron ore and manganese, steel and cement, mineral mining and chrome products.

• Freight Transport

• Air Freight Transport
• Sea Freight Transport
• Road Freight Transport

refers to the meeting of deadlines for pickup and delivery schedules

• Logistics Management
• reliability

• Human Resource Management
• Marketing Management

the amount of a product which suppliers will offer to the market at a given price.

• Demand
• Equilibrium
• Supply
• Elasticity

point where demand and supply meet

• Equilibrium point
• Demand curve
• Supply curve
• Price ceiling