Infrastructure contributes to the economic development of a country. Do you agree? Explain.
Infrastructure contributes towards the economic development of a country -
•By increasing the productivity of raw materials and human beings,
•By encouraging investment due to a well-developed infrastructure and chances of high returns,
•By generating various forward and backward linkages in production that is the production activities can be expanded and
•By increasing the size of market; it may even cross the national boundaries.