Infrastructure provides supporting services in the main areas of industrial and agricultural production, domestic and foreign trade and commerce. Consider the following statements about infrastructure.
1. Infrastructure associated with energy, transportation, housing and communication are included in the economic Infrastructure.
2. Agriculture does not depend on infrastructure as it is labour intensive.
3. Infrastructure contributes to economic development of a country by improving the quality of life of its people.
Which of the statements given above is/are not correct?
1 and 2 only
Correct Answer1 and 3 only
Incorrect Answer2 and 3 only
Incorrect AnswerAll of the above
Incorrect AnswerExplanation:
Some divide infrastructure into two categories – economic and social. Infrastructure associated with energy, transportation and communication are included in the former category whereas those related to education, health and housing are included in the latter.
Modern agriculture also largely depends on it for speedy and large-scale transport of seeds, pesticides, fertilisers and the produce by making use of modern roadways, railways and shipping facilities. Modern agriculture also has to depend on insurance and banking facilities because of its need to operate on a very large scale. Infrastructure contributes to economic
development of a country both by increasing the productivity of the factors of production and improving the quality of life of its people.
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By: Tivani Chauhan