General Knowledge · Economics
Which of the following statements regarding economic infrastructure is correct?
- 1Infrastructure includes only non-tangible assets and services.
- 2Infrastructure is optional and not required for the functioning of an economy.
- 3Infrastructure is strictly limited to physical structures like roads and bridges.
- 4Infrastructure promotes economic growth by increasing the productivity of factors of production.✓
Correct answer
Infrastructure promotes economic growth by increasing the productivity of factors of production.
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