Author:
• Sunday, November 15th, 2009

What is an infrastructure? According to the dictionary of economics, infrastructure is the physical framework of facilities (both primitive and advance) through which goods and services are provided to the general public. This sector as a whole covers an extensive spectrum of services including transport, transmission and distribution, manufacturing sector, water supply, rain water and sewage disposal, port handling, healthcare facilities, education and other basic services.

Some of these services put a direct impact on the business enterprise of a country while other effect it indirectly. For example, a manufacturing unit for cars may not be directly linked to the roads and highways but its work is likely to get affected if the roads leading to it are not in a good condition. Similarly, a primary school in a village ensures that children are given basic education to enable them to pursue their dreams and interests as they grow up.

Some attributes are important from the societal point of view and contribute majorly to the economic development by increasing work efficiency and productivity. Therefore, a country progresses only if it is enable to provide basic amenities to its people. The linkages of infrastructure to the economy are complex and multiple. Each of the economic activity, such as consumption, production, trading, storage and distribution is directly or indirectly liked with it.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
Leave a Reply

Get Adobe Flash playerPlugin by wpburn.com wordpress themes