Economics · Infrastructure Sector
Why is infrastructure often referred to as a 'universal intermediate' in an economy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It generates the highest profit margin among all commercial sectors.
- 2It is naturally and uniformly available across all nations.
- 3Its outputs are used as inputs in the production of almost all goods and services.✓
- 4It exclusively serves to bridge the geographical gap between urban and rural areas.
Correct answer
Its outputs are used as inputs in the production of almost all goods and services.
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