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How will a country's production possibilities grow if it invests in technological advancements and infrastructure development?

Investing in technological advancements and infrastructure development can lead to increased efficiency and productivity in a country's economy. This can result in the expansion of a country's production possibilities by enabling the production of more goods and services with the same amount of resources.


Facilitation of smoother international trade?

Infrastructure development


What is the difference between social infrastructure and economic infrastructure?

Infrastructure means the basic facilities which are necessary for the development of a nation. Economic infrastructure is the combination of basic facilities which is helpful in economic development of an economy and businesses. It includes facilities of telecommunication, electricity, transportation, energy etc. Social infrastructure is the combination of basic facilities which are necessary for human development. It includes health (hospitals), education (school, colleges etc.) and housing. Both of these infrastructures are complementary to each other and are necessary for the overall development of an economy.


How does infrastructure affect development?

The fundamental services and facilities required for any social and economic development are called infrastructures of development.


What the positive impact of tourism Malaysia towards economic development?

Foreign exchange earnings and increase in government revenues from tourism result in infrastructure development such as roads, sewage, public transport, electricity and communications. It also generates millions of jobs globally and contributes to local economies.

Related Questions

What is the role of the government in tourism development?

Foreign exchange earnings and increase in government revenues from tourism result in infrastructure development such as roads, sewage, ...


What is the role of financial incentives in tourism development?

Foreign exchange earnings and increase in government revenues from tourism result in infrastructure development such as roads, sewage, ...


What is the role of government financial in tourism development?

Foreign exchange earnings and increase in government revenues from tourism result in infrastructure development such as roads, sewage, ...


What is the role of government of financial incentives in tourism development?

Foreign exchange earnings and increase in government revenues from tourism result in infrastructure development such as roads, sewage, ...


Who is the Minister of Infrastructure Development for the Solomon Islands?

Seth Gukuna is the Minister of Infrastructure Development for the Solomon Islands.


How will a country's production possibilities grow if it invests in technological advancements and infrastructure development?

Investing in technological advancements and infrastructure development can lead to increased efficiency and productivity in a country's economy. This can result in the expansion of a country's production possibilities by enabling the production of more goods and services with the same amount of resources.


What has the author A K Tiwari written?

A. K. Tiwari has written: 'Infrastructure for sustainable rural development' -- subject- s -: Infrastructure - Economics -, Government policy, Rural development, Sustainable development


Facilitation of smoother international trade?

Infrastructure development


Who manages the Rural Infrastructure Development Fund?

NABARD


What are infrastructure bonds?

Bonds issued by a local government to get funds that will be used for infrastructure in a Real Estate development


What is the difference between social infrastructure and economic infrastructure?

Infrastructure means the basic facilities which are necessary for the development of a nation. Economic infrastructure is the combination of basic facilities which is helpful in economic development of an economy and businesses. It includes facilities of telecommunication, electricity, transportation, energy etc. Social infrastructure is the combination of basic facilities which are necessary for human development. It includes health (hospitals), education (school, colleges etc.) and housing. Both of these infrastructures are complementary to each other and are necessary for the overall development of an economy.


What factors affect infrastructure?

Factors that affect infrastructure include population growth, economic development, technological advancements, natural disasters, government policies, and funding availability. Additionally, factors such as urbanization, environmental concerns, and maintenance of existing infrastructure can also impact the development and sustainability of infrastructure projects.