what is infracture of development?
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Answer:
1.It involves improvement of the quality of the various components of infrastructure, such as roads, power, ICT, water and sanitation. Learn more in: The Impact of Infrastructure on Growth and Development: The Case of Ghana, 1986-20162.Infrastructure has been used as an umbrella term for many activities.The development of a country’s infrastructure is vital to the growth of its sectors and the overall economy. The infrastructure sector primarily comprises of electricity, roads, telecommunications, railways, irrigation, water supply and sanitation, ports and airports, storing facilities, and oil and gas pipelines. Learn more in: Trade Liberalization, Infrastructure Development, and FDI in India and China3.Infrastructure is considered to be the key for promoting sustainable and inclusive economic growth. So a great deal of policy emphasis has been placed on infrastructure development for augmenting growth, productivity and quality of life of the citizens of the developing country. Learn more in: Availability of Infrastructure Facilities in India: Prospects and Challenges
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Handbook of Research on Economic, Financial, and...
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Answer:
Infrastructure include transportation systems, communication networks, sewage, water, and electric systems. These systems tend to be capital intensive and high-cost investments, and are vital to a country's economic development and prosperity.