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Unit 6: TRANSPORTATION - Coggle Diagram
Unit 6: TRANSPORTATION
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SEA TRANSPORTATION
advantage
low freight rates (has the advantage of scale), about 70% of all goods in the world are carried by sea.
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disadvantage
heavier packaging (This is completely easy to understand because the goods shipped on board are bulk, far transportation and risky.)
slow speeds (Because of long distances and influences of weather condition, it often takes a long time to carry the goods between two ports. while the time is just some hours if
shipping by air.)
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roles of transportation (essential, crucial, important, significantfor global integration)
move raw material from the place of supply to the place of production. server the industrial producers to produce and then sell their goods to the wider markets.
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Next, transport increases the mobility of labour and capital, widens the market that leads to specialization and division of labour, which helps in stabilizing prices.