Economics · Infrastructure
Why is infrastructure frequently referred to as the 'wheels' of economic growth?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It acts as a primary tool for stabilizing retail inflation
- 2It facilitates production and delivery of goods, services, and basic access✓
- 3It directly accelerates currency circulation in banks
- 4It plays a major role in foreign direct investments
Correct answer
It facilitates production and delivery of goods, services, and basic access
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