Some infrastructural facilities have a direct impact on production of goods and services while others give indirect support by building the social sector of the economy. Using above information, differentiate between social and economic infrastructure.
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Difference between social and economic infrastructure:
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S. No
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Social Infrastructure
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Economic Infrastructure
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1.
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It helps the economic system from outside. (i.e. indirectly)
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It helps the economic system from inside. (i.e. directly)
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2.
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It improves the quality of human resources.
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It improves the quality of economic resources.
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3.
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Expenditure on it will raise the stock of human capital over time.
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Expenditure on it will raise the stock of physical capital over time.
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4.
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For example, health, education and housing.
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For example, energy, transport and communication.
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