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What is infrastructure?
Infrastructure is the base in which economic growth is built upon.Roads, water systems, mass transportation, airports, and utilitiesare all examples of infrastructure. The ba…sic physical systems of a country's or community'spopulation, including roads, utilities, water, sewage, etc. Thesesystems are considered essential for enabling productivity in theeconomy is known as infrastructure. Developing infrastructure oftenrequires large initial investment, but the economies of scale tendto be significant. 1. Basic and usually permanent framework which supports asuperstructure and is supported by a substructure. 2. Relatively permanent and foundational capital investment of acountry, firm, or project that underlies and makes possible all itseconomic activity. It includes administrative, telecommunications,transportation, utilities, and waste removal and processingfacilities. Some definitions also include education, health care,research and development, and training facilities. ( Full Answer )