Infrastructure Economics Quiz

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ReceptiveWonder
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What does infrastructure refer to from an economic point of view?

Part of an economy’s capital stock used to facilitate economic production

How does infrastructure serve as inputs to production?

By providing essential resources for economic activities

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

What are the components of the physical system or hardware components of infrastructure?

Public utilities, public works, transport ways, and services like law enforcement, emergency service, healthcare, and education.

From a social point of view, what does social infrastructure encompass?

Social infrastructure encompasses services such as health facilities, educational facilities, rehabilitation centers, housing, and corrective centers.

According to the World Development Report 1994, how does infrastructure serve as inputs to production from an economic point of view?

Infrastructure serves as part of an economy’s capital stock used to facilitate economic production and helps to produce items that are consumed by households.

List the examples of public utilities in the physical system or hardware components of infrastructure.

Examples of public utilities include electric power generation and transmission lines, post offices, telecom, water supply, and sewerage.

What are some examples of public works in the physical system or hardware components of infrastructure?

Examples of public works include roads, bridges, dams, storm water drainage, etc.

Test your knowledge of infrastructure with this quiz! Explore the economic perspective of infrastructure and its role in facilitating production and consumption. Delve into the essential components that contribute to the proper functioning of countries and organizations.

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