Explain any four points of importance of roads in terms of connecting people and ensuring socia economic growth in the country
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Explanation:
Here is the answer: Roads make an essential contribution to economic development and growth and bring significant social benefits. ... Additionally, providing access to employment, health, social and education services makes a road network decisive in fighting against poverty.
Answer:
It is worthwhile to mention some distinctive features of infrastructure – First, the building of infrastructure requires large and lumpy investment and they contribute to output, after a long time that is their gestation period is quite long. Second, due to large overhead capital and lumpy investment, the significant economies of scale are found in most of them. Due to the significant economies of scale found in many infrastructure services, they have the characteristics of natural money. The third important feature of infrastructure facilities is they create externalities.
Explanation:
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