Question

9. Why is government support necessary
to build up economic infrastructure in a
developing economy?
(ICSE 2008)​

Answer 1

A growing economy needs supporting infrastructure at all levels, be it adequate and reasonably priced power, efficient communication and transportation facilities or a thriving energy sector. Such infrastructure development has a multiplier effect on economic growth for overall progress.

Answer 2

Answer:

A deficient infrastructure can be a major impediment in a country’s economic growth particularly when the economy is on the upswing. A growing economy needs supporting infrastructure at all levels, be it adequate and reasonably priced power, efficient communication and transportation facilities or a thriving energy sector. Such infrastructure development has a multiplier effect on economic growth for overall progress.