Question

3. Economic Infrastructure : Communication ::
: Education.
Adrandustrial Sector Rural Industries​

Answer 1

Explanation:

The term infrastructure refers to the underlying tangible and organisational structures that are essential for the smooth and prosperous functioning of an economy. In other words, infrastructure is regarded as a core support system that enables an economy to grow and develop. Generally, the term infrastructure means technical structure such as roads, transport, communication, bridges, dams, power, public institutions like schools, hospitals, etc. These structures not only serve as basic input for various economic activities like production, investment, but also enable an economy to break the shackles of traditional and primitive social structures and customs. The difference between a developed country and an underdeveloped country can be mainly attributed to the lack of sufficient and technically advanced infrastructure in the latter. Infrastructure has two-fold benefits- as an input and as a support system. Infrastructure as an input (roads, bank and power) facilitates the production process and attracts investment from domestic as well as from foreign investors. Infrastructure as a support system (such as schools, hospital) develops the quality of human capital by imparting quality and technical education and health facilities. This raises the standard and quality of living and helps the economy to eradicate major economic problems like poverty, unemployment and inequality. Hence, it can be concluded that the presence of quality and sufficient infrastructure is a necessary and sufficient condition for accomplishing economic growth and development

Answer 2

Answer:

Economic Infrastructure: Communication :: Industrial Sector : Education

Explanation:

• The above comparison represents a similarity in the relationship between economic infrastructure and its respective sector. Just as communication plays a crucial role in supporting and developing the industrial sector, education plays a crucial role in supporting and developing the rural industries.
• Economic infrastructure refers to the basic facilities and systems that support the functioning of an economy. Communication serves as a key component of the economic infrastructure, as it enables the flow of information, goods and services within the industrial sector. This, in turn, supports and drives the growth of industries.
• Similarly, education serves as a key component in supporting and developing the rural industries. A well-educated workforce in rural areas can bring about new ideas and innovation in agriculture, forestry, and other rural industries. Furthermore, education also provides necessary skills and knowledge for individuals to take up entrepreneurship and start their own businesses in the rural sector, leading to overall development and growth of the rural economy.
• In conclusion, education and communication play a crucial role in supporting and developing their respective sectors, and should be prioritized for the growth and development of the economy as a whole.

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