How can TypeScript's Utility Types be used to transform existing types?

Instruction: Discuss the concept of Utility Types in TypeScript and provide examples demonstrating their use in type transformation.

Context: This question aims to explore the candidate's knowledge of TypeScript's built-in Utility Types for modifying and transforming types, showcasing their flexibility and power in type manipulation.

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To clarify, Utility Types in TypeScript are a set of generic types built into the TypeScript library. They allow for common type transformations, which can be incredibly useful when working with complex data structures or when needing to adapt existing types to new requirements. These utilities help reduce redundancy, improve code maintainability, and enhance the robustness of type checking.

For instance, let's consider the Partial<T> utility type. This type takes an existing type T and creates a new type that has all the properties of T set to optional. This is particularly useful when we want to create a type based on another, but where not all properties are required....

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