Economics · Infrastructure and Economic Development

Which of the following statements correctly evaluates the role of infrastructure in economic development? Statement 1: Economic infrastructure supports faster and inclusive growth by connecting remote areas and expanding market access. Statement 2: The structural availability of high-quality infrastructure directly reduces productivity and elevates operational costs for local enterprises. Statement 3: Modern infrastructure development enables MSMEs to enhance efficiency and compete effectively with larger enterprises. Statement 4: Deficiencies in basic social infrastructure typically lead to higher out-of-pocket costs for households accessing health and education services.