A nation's "infrastructure" refers to:
A)its ability to realize economies of scale.
B)its stock of technological knowledge.
C)public capital goods such as highways and utilities.
D)the productivity of its labour force.

Question

Quizplus · Accepted Answer

Infrastructure refers to the physical and organizational structures and facilities such as roads, bridges, water supply, and energy networks that are necessary for the operation of a society or enterprise. These public capital goods are critical for economic activity and societal functioning.

A Nation's "Infrastructure" Refers To