Infrastructure contributes to the economic development of a country. Do you agree? Explain.

Asked by Last Modified  

5 Answers

Learn Economics

Follow 2
Answer

Please enter your answer

Anushka Shrivastav

Your own mentor to success

Yes, I agree that infrastructure contributes to the Economic development of a nation. For any development to take place, infrastructure is the basic requirement. Roads, bridges ,Railway lines boost the transporation sectors whereas better living conditions in terms residential buildings, schools etc...
read more
Yes, I agree that infrastructure contributes to the Economic development of a nation. For any development to take place, infrastructure is the basic requirement. Roads, bridges ,Railway lines boost the transporation sectors whereas better living conditions in terms residential buildings, schools etc helps to keep workforce in check. A government may inject money in an economy by investing in infrastructure. Resulting in the Multiplier effect to take place which in turn increases the flow of money in the economy. thus increasing the purchasing power of the people. read less
Comments
Dislike Bookmark

you can contact me through mail and phone and I have teching experience since last 2 years

Yes why Not Infrastructure contributes to the economic development as infractructure is good then it will increase the GDP of the country
Comments
Dislike Bookmark

6 years of experience in teaching

Yes, I am agree with the statement that infrastructure contributes to the economic development of a country because money invested by the Government in infrastructure made income for the other people of the country. They get employment and employment changes as a income for them.
Comments
Dislike Bookmark

Yes, because infrastructure means technical structure like, road , transport, communication, bridge, dam, power, public institutions like school, hospital etc. These structures are basic input of economic activities like production and investment. So, it helps to develop the economics of a country.
read more
Yes, because infrastructure means technical structure like, road , transport, communication, bridge, dam, power, public institutions like school, hospital etc. These structures are basic input of economic activities like production and investment. So, it helps to develop the economics of a country. read less
Comments
Dislike Bookmark

Result Oriented conceptual mode of teaching by a Professional .

Yes, Infrastructure development is the key to any country's economic development. Proper Roads, electricity ,internet connections,availability and facilities for easy access to water, irrigation facilities are all the most important factors that facilitate growth of any economy.
Comments
Dislike Bookmark

View 3 more Answers

Related Questions

Explain the steps taken by the government in developing rural markets.
The government has made the following initiatives to develop rural markets. 1. Market Regulation - The government has established regulated marketplaces in which the selling and purchase of produce is...
Harsh
0 0
5
China’s rapid industrial growth can be traced back to its reforms in 1978. Do you agree? Elucidate.
Yes, China's rapid industrialization is the result of several economic reforms implemented in stages since 1978. Agriculture, foreign trade, and investment reforms were all started in the first phase. Land...
Pradeep
0 0
5
 What is the most important function of RBI?
The most important function of RBI is that it issues currency notes and coins except one rupee note and coin.
Santosini
0 0
5
Name some notable economists who estimated India’s per capita income during the colonial period.
Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao, and R. C Desai.
Subhash
0 0
6
State an example each of self-employment in rural and urban areas.
Example of self employment in urban areas will be shopkeeping, own business and for rural areas is farming in own land.
Shantanu
0 0
8

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

What is the significance of energy? Differentiate between commercial and non-commercial sources.
Energy is a critical aspect of the development process of nation. It is essential for industries. Now it is used on a large scale in agriculture and related areas like production and transportation of...

Sujoy Das

1 0
0
â??Today nearly every decision in business is made with the aid of statistical data and statistical methodsâ??.
Use of statistical data is made even in business. The promoters of the business make an extensive use of data to arrive at the conclusions which guide them in starting a new concern. The importance of...

Sujoy Das

1 0
0
Class 11 Economics
QUESTION Commercial energy is mostly used for commercial purposes in factories,farms and commercial establishments’. In the context of above statement, describe three sources of energy which...

Sujoy Das

2 0
0
Mention the salient demographic indicators of China, Pakistan and India
The salient demographic indicators of China, Pakistan and India are discussed below (i) The population of Pakistan is very small and accounts for roughly about one-tenth of China or India. Though China...

Sujoy Das

1 0
0
CBSE Class 11 Economics
QUESTION Expansion of one industry facilitates the expansion of the other.How economic growth can become a dynamic process and a self-propelling activity of change? ANSWER Availability of proper...

Sujoy Das

2 0
0

Recommended Articles

Meet Radhe Shyam Burman, an MBA Tutor from...

Radhe Shyam is a highly skilled accounts and finance trainer with 8 years of experience in teaching. Accounting is challenging for many students and that’s where Radhe Shyam’s expertise comes into play. He helps his students not only in understanding the subject but also advises them on how to overcome the fear of accounts...

Read full article >

Meet Urmila, an MBBS tutor from Bangalore

Urmila is a passionate teacher with over 8 years of experience in teaching. She is currently pursuing her Ph. D. She provides classes for Class 11, Class 12, MBBS and Medical tuition.  Urmila began her career in teaching long before she became a teacher. She used to provide classes for foreign national students in her college...

Read full article >

Meet Sandhya R, a B.Sc tutor from Bangalore

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Meet Mohammad Wazid, a skilled trainer for...

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Find Class 12 Tuition near you
Class 12 Tuition in Delhi
Class 12 Tuition in Bangalore
Class 12 Tuition in Chennai
Class 12 Tuition in Hyderabad
Class 12 Tuition in Kolkata
Class 12 Tuition in Mumbai
Class 12 Tuition in Pune
Class 12 Tuition in Lucknow
Class 12 Tuition in Noida
Class 12 Tuition in Gurgaon
Online Tuition Class 12

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you