What does infrastructure refer to quizlet?

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What does infrastructure refer to quizlet?

Infrastructure refers to all such activities services and facilities which are needed to provide different kinds of services in an economy . Infrastructure provides supporting services in the main areas of industrial and agricultural production , domestic and foreign trade and commerce.

Which one of the following is an economic infrastructure?

Economic infrastructure facilitates production and distribution of goods and services for economic development. Following comes under the economic infrastructure: Energy. Transport.

What do you mean by infrastructure sector?

Infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development.

Why is infrastructure an important concern for city governments?

Harnessing entrepreneurs and private investors to fund, build, and manage infrastructure would reduce taxpayer burdens, improve economic efficiency, and spur innovation. Most of America’s infrastructure is provided by the private sector, not governments. Government infrastructure is also important to the economy.

Which is a result of infrastructure development?

The two robust results are: (1) growth is positively affected by the stock of infrastructure assets, and (2) income inequality declines with higher infrastructure quantity and quality. These two results combined suggest that infrastructure development can be highly effective to combat poverty.

What are the main components of economic infrastructure?

Indian Economy – Infrastructure

  • Transportation.
  • Aviation.
  • Telecommunication.
  • Power supply.
  • Education system (research and development)
  • Banking system.
  • Hospitals.
  • Trade, etc.

Which is an example of infrastructure?

What Is Infrastructure? Examples of infrastructure include transportation systems, communication networks, sewage, water, and electric systems. These systems tend to be capital intensive and high-cost investments, and are vital to a country’s economic development and prosperity.

What are 5 examples of infrastructure?

Examples of infrastructure include transportation systems, communication networks, sewage, water, and electric systems. These systems tend to be capital intensive and high-cost investments, and are vital to a country’s economic development and prosperity.

What are the two categories of infrastructure?

Ans. The two types of infrastructure are social and economic infrastructure.

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