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transport

Total questions: 8

Worksheet time: 4mins

Name
Class
Date
1.

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

a)

political function

b)

economic function

c)

social function

d)

transportation

2.

Impacts of transport on economic factors are

a)

Geographic specialisation

b)

Large scale production

c)

Increased land value

d)

Increased competition

3.

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.

a)
Demand
b)
Supply
c)
Equilibrium
d)
Price elasticity
4.

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

a)
Transportation sector
b)
Agricultural sector
c)
Healthcare sector
d)
Education sector
5.

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.

a)

Freight Transport

b)
Air Freight Transport
c)
Sea Freight Transport
d)
Road Freight Transport
6.

refers to the meeting of deadlines for pickup and delivery schedules

a)
Logistics Management
b)

reliability

c)
Human Resource Management
d)
Marketing Management
7.

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

a)
Demand
b)
Equilibrium
c)
Supply
d)
Elasticity
8.

point where demand and supply meet

a)
Equilibrium point
b)
Demand curve
c)
Supply curve
d)
Price ceiling