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Question
Which of the following points indicate that infrastructure facilities boost production?
Options
Industrial production in the absence of proper means of transportation. may lead to delays in the movement of raw materials, capital goods and finished goods.
Infrastructure is the necessary condition for higher productivity and higher production.
Both Industrial production in the absence of proper means of transportation. may lead to delays in the movement of raw materials, capital goods, and finished goods and Infrastructure is the necessary condition for higher productivity and higher production.
None of the above
Solution
Both Industrial production in the absence of proper means of transportation. may lead to delays in the movement of raw materials, capital goods, and finished goods and Infrastructure is the necessary condition for higher productivity and higher production.
Explanation:
Production is aided by infrastructure, both social and economic. With the use of diagrams, the role of infrastructure in economic output can be understood in a case study If there is no irrigation in agriculture, it will fail. Then it would be entirely dependent on the facilities. monsoon, which could stymie its output productivity. Irrigation is required to improve the quality of the soil. Agricultural sector productivity is also high. Infrastructure is required for smooth and efficient operations. All segments of the economy need effective production. In the same way, in the absence of industrial production, Delays may occur due to insufficient transportation. In the transportation of raw materials and capital goods and fine. Remove any unnecessary items. As a result, delays occur and impede the manufacturing process, causing delays.
