Economics (NCERT) Notes → Class XI
Topics
All
Civil Services in India (26)
Ethics, Integrity and Aptitude
» Chapters from Book (11)
» Case Studies (8)
Solved Ethics Papers
» CSE - 2013 (18)
» CSE - 2014 (19)
» CSE - 2015 (17)
» CSE - 2016 (18)
» CSE - 2017 (19)
» CSE - 2018 (19)
» CSE - 2019 (19)
» CSE - 2020 (19)
» CSE - 2021 (19)
» CSE -2022 (17)
» CSE-2023 (17)
Essay and Answer Writing
» Quotes (34)
» Moral Stories (18)
» Anecdotes (11)
» Beautiful Poems (10)
» Chapters from Book (5)
» UPSC Essays (40)
» Model Essays (38)
» Research and Studies (4)
Economics (NCERT) Notes
» Class IX (14)
» Class X (16)
» Class XI (55)
» Class XII (53)
Economics Current (51)
International Affairs (20)
Polity and Governance (61)
Misc (77)
Select Topic »
Civil Services in India (26)
Ethics, Integrity and Aptitude (-)
» Chapters from Book (11)
» Case Studies (8)
Solved Ethics Papers (-)
» CSE - 2013 (18)
» CSE - 2014 (19)
» CSE - 2015 (17)
» CSE - 2016 (18)
» CSE - 2017 (19)
» CSE - 2018 (19)
» CSE - 2019 (19)
» CSE - 2020 (19)
» CSE - 2021 (19)
» CSE -2022 (17)
» CSE-2023 (17)
Essay and Answer Writing (-)
» Quotes (34)
» Moral Stories (18)
» Anecdotes (11)
» Beautiful Poems (10)
» Chapters from Book (5)
» UPSC Essays (40)
» Model Essays (38)
» Research and Studies (4)
Economics (NCERT) Notes (-)
» Class IX (14)
» Class X (16)
» Class XI (55)
» Class XII (53)
Economics Current (51)
International Affairs (20)
Polity and Governance (61)
Misc (77)
6.5 Infrastructure and Economic Development
Composition of Infrastructure Requirements
• For low-income countries, basic infrastructure services, like irrigation, transport and power, are more important.
• As economies mature, the share of agriculture in the economy shrinks and more service-related infrastructure is required.
• Gradually, the share of power and telecommunication infrastructure is greater in high-income countries.
Infrastructure and Economic Development
• Development of infrastructure and economic development go hand in hand.
• Agriculture depends, to a considerable extent, on the adequate expansion and development of irrigation facilities.
• Industrial progress depends on the development of power and electricity generation, transport and communications.
• If proper attention is not paid to the development of infrastructure, it is likely to act as a severe constraint on economic development.
| Continue reading for Free |
| Related Articles |
| Recent Articles |