11th Class Economics Employment and Infrastructure

  • question_answer 1) Explain the term 'infrastructure'.

    Answer:

    Infrastructure refers to the supporting services in the main areas of industrial and agricultural production, domestic and foreign trade and commerce. These services include roads, railways, ports, airports, dams power stations, oil and gas pipelines, telecommunication, schools and colleges, hospitals, sanitary system and also the monetary system including banks, insurance and oilier financial institutions. Infrastructure provides support system lo economic arid social development. Infrastructure is divided into two categories (i) economic infrastructure associated with energy, transportation and communication and (ii) social Infrastructure related lo education, health and housing.

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