Question
Distinguish between economic infrastructure and social infrastructure. Discuss the role of infrastructure in the growth process of an economy.
Answer :
Word Count : 466
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Economic infrastructure refers to the basic physical facilities and services that are necessary for the functioning of economic activities in a country. It includes sectors such as transportation (roads, railways, ports, airports), power generation, irrigation systems, communication networks, banking, and financial institutions. These facilities directly support production, trade, and business operations. For example, efficient transportation reduces the cost of moving goods, while reliable electricity ensures uninterrupted industrial production. Economic infrastructure mainly contributes to increasing productivity and supporting economic growth by improving efficiency in production and distribution processes. Social infrastructure, on the other hand, refers to services that improve the quality of human life and develop human capital. It includes sectors such as education, healthcare, sanitation, drinking water supply, housing, and social welfare services. Social infrastructure does not directly produce goods but plays an indirect yet
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