Asked by Sherelle Robinson on May 08, 2024

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An economy's infrastructure refers to its

A) public capital goods, such as roads, schools, and power facilities.
B) financial and banking institutions.
C) land and natural resources.
D) surplus supplies of unskilled labor.

Infrastructure

Fundamental physical and organizational structures needed for the operation of a society or enterprise, such as roads, utilities, and communication systems.

Public Capital Goods

Long-term assets used by the public sector to provide public services, like roads, schools, and hospitals.

Power Facilities

Infrastructure units that generate or distribute electricity, including power stations, substations, and transmission lines.

  • Gain an understanding of the components and value of national infrastructure in development.
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KA
Kiara AlbarracinMay 14, 2024
Final Answer :
A
Explanation :
Infrastructure in an economy typically includes public capital goods such as roads, schools, and power facilities, which are essential for supporting economic activities and improving the quality of life.