What is infrastructure? Explain economic and social infrastructure with the help of examples
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Economic infrastructure is the basic facilities which directly benefit the process of production and distribution in an economy. Roads, railways, telecommunication systems, waterways, airways, financial institutions, electricity, water supply etc are the examples of economic infrastructure.
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the basic physical and organizational structures and facilities (e.g. buildings, roads, power supplies) needed for the operation of a society or enterprise.
Economic infrastructure directly supports the economic system from inside. Examples are energy, transport and communication. Social infrastructure indirectly supports the economic system from outside. Examples are health, education and housing.
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