What is the relationship between national income and improvement in infrastructure?
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Answered by
8
Explanation:
In the long-term, infrastructure investment can boost economic growth by increasing the potential supply capacity of an economy. For example, improving transport facilities could make workers more mobile, so making labour markets more efficient and increasing productivity
Answered by
6
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.
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