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Infrastructure — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsInfrastructure1 Mark
Question
Explain the term ‘infrastructure’.
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Answer

Infrastructure refers to the basic supporting structure which is built to provide different kinds of services in an economy. Infrastructural installations do not directly produce goods but help in promoting production activities in an economy. Examples of infrastructure are: transport, communication, banking, power etc.

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