Infrastructure Economics Quiz
8 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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?

  • 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?

  • 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?

    <p>Public utilities, public works, transport ways, and services like law enforcement, emergency service, healthcare, and education.</p> Signup and view all the answers

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

    <p>Social infrastructure encompasses services such as health facilities, educational facilities, rehabilitation centers, housing, and corrective centers.</p> Signup and view all the answers

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

    <p>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.</p> Signup and view all the answers

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

    <p>Examples of public utilities include electric power generation and transmission lines, post offices, telecom, water supply, and sewerage.</p> Signup and view all the answers

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

    <p>Examples of public works include roads, bridges, dams, storm water drainage, etc.</p> Signup and view all the answers

    Use Quizgecko on...
    Browser
    Browser