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Class 12 Tuition > Learn Economics > Explain the term ‘infrastructure’.
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Explain the term ‘infrastructure’.

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CHARTERED ACCOUNTANT (CA), COMPANY SECRETARY (CS)

In easy inderstanding- Infrastructure is the basic installations and facilities on which the continuance and growth of a community, state, etc. depend, as roads, schools, power plants, transportation and communication systems, etc.
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we understand the infrastructure team from some points - Infrastructure is the basic system that undergirds the structure of the economy. Examples of infrastructure include transportation facilities, telecommunications networks, and water supplies. Large scale infrastructure is usually...
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we understand the infrastructure team from some points - Infrastructure is the basic system that undergirds the structure of the economy. Examples of infrastructure include transportation facilities, telecommunications networks, and water supplies. Large scale infrastructure is usually produced by the public sector or publicly regulated monopolies Infrastructure can often be produced on a smaller scale by private firms or through local collective action. Infrastructure investment tends to be less volatile than some other asset classes and is sometimes sought as an investment. read less
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