The role infrastructure plays in a country's development is:
- AReducing inequality
- BCreating sustainable growth by sparking innovation
- CStrengthening global competitiveness
- DAll of the above
Show answer and explanation
Correct answer: (d) All of the above
Explanation
Infrastructure helps development in all three ways given:
- Reducing inequality: roads, power, schools and clinics bring services and markets to poor and remote areas;
- Sustainable growth and innovation: reliable energy, digital networks and modern transport raise productivity and open the way to new industries;
- Global competitiveness: efficient ports, roads and communications lower costs, so a country's goods and services can compete abroad.
Spending on infrastructure also has a strong multiplier effect on output and jobs.