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Questions and Answers
What does infrastructure refer to from an economic point of view?
What does infrastructure refer to from an economic point of view?
- Physical structures within a country or organization
- Part of an economy’s capital stock used to facilitate economic production (correct)
- Services that support social activities
- Technological advancements in a society
How does infrastructure serve as inputs to production?
How does infrastructure serve as inputs to production?
- By providing essential resources for economic activities (correct)
- By determining the cultural values of a society
- By regulating the market demand for goods and services
- By influencing the political stability of a region
What is the role of infrastructure in producing items consumed by households?
What is the role of infrastructure in producing items consumed by households?
- Helps to produce items that are consumed by households such as water, sanitation, and electricity (correct)
- Supports the transportation of luxury goods for households
- Influences the foreign trade policies of a country
- Affects the distribution of income within a society
What are the components of the physical system or hardware components of infrastructure?
What are the components of the physical system or hardware components of infrastructure?
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From a social point of view, what does social infrastructure encompass?
From a social point of view, what does social infrastructure encompass?
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According to the World Development Report 1994, how does infrastructure serve as inputs to production from an economic point of view?
According to the World Development Report 1994, how does infrastructure serve as inputs to production from an economic point of view?
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List the examples of public utilities in the physical system or hardware components of infrastructure.
List the examples of public utilities in the physical system or hardware components of infrastructure.
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What are some examples of public works in the physical system or hardware components of infrastructure?
What are some examples of public works in the physical system or hardware components of infrastructure?
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