Question

Explain the role of Infrastructure in the development of a modern economy.?​

Answer 1

Answer:

Economic infrastructure definitely ensures the mobility of labour and capital within/from the economy. It results in the overall growth of towns and cities. Infrastructures provide for a lot of employment generation and employment opportunities. They also play a crucial role in national defence activities.

Answer 2

ᴇᴄᴏɴᴏᴍɪᴄ ɪɴғʀᴀsᴛʀᴜᴄᴛᴜʀᴇ ᴅᴇғɪɴɪᴛᴇʟʏ ᴇɴsᴜʀᴇs ᴛʜᴇ ᴍᴏʙɪʟɪᴛʏ ᴏғ ʟᴀʙᴏᴜʀ ᴀɴᴅ ᴄᴀᴘɪᴛᴀʟ ᴡɪᴛʜɪɴ/ғʀᴏᴍ ᴛʜᴇ ᴇᴄᴏɴᴏᴍʏ. ɪᴛ ʀᴇsᴜʟᴛs ɪɴ ᴛʜᴇ ᴏᴠᴇʀᴀʟʟ ɢʀᴏᴡᴛʜ ᴏғ ᴛᴏᴡɴs ᴀɴᴅ ᴄɪᴛɪᴇs. ɪɴғʀᴀsᴛʀᴜᴄᴛᴜʀᴇs ᴘʀᴏᴠɪᴅᴇ ғᴏʀ ᴀ ʟᴏᴛ ᴏғ ᴇᴍᴘʟᴏʏᴍᴇɴᴛ ɢᴇɴᴇʀᴀᴛɪᴏɴ ᴀɴᴅ ᴇᴍᴘʟᴏʏᴍᴇɴᴛ ᴏᴘᴘᴏʀᴛᴜɴɪᴛɪᴇs. ᴛʜᴇʏ ᴀʟsᴏ ᴘʟᴀʏ ᴀ ᴄʀᴜᴄɪᴀʟ ʀᴏʟᴇ ɪɴ ɴᴀᴛɪᴏɴᴀʟ ᴅᴇғᴇɴᴄᴇ ᴀᴄᴛɪᴠɪᴛɪᴇs.

ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs ᴜʜ✌