Economy, asked by rajkumargupta07102, 5 days ago

Development of infrastructure facilities help to reduce unemployment in the economy . Comment​

Answers

Answered by pandeyaayushi143
6

Explanation:

Infrastructure acts as a support system for production activity in the economy and,thereby, contributes to economic development. Infrastructure ensures easy movement of good and raw materials thereby,reducing inffencienies and lead to efficient utilization of scares resources and eliminate wastage.

Answered by presentmoment
9

The Development of infrastructure facilities helps to reduce unemployment in the economy as more and more people can get jobs when there are better infrastructural facilities.

Explanation:

  • Development of infrastructure facilities helps in making infrastructure so that more people can be accommodated in a service sector or manufacturing sector.
  • When there are developmental projects for growth of infrastructure, a lot of seasonal as well as permanent employment is generated in form of construction workers and service providers.
  • This helps in reducing the unemployment rate in an economy and improving the GDP of the country as a whole.
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