Related to the Economics in Practice on p. 710: When the government of Bangladesh built flood embankments on the sides of rivers, this represented an investment in
A) social overhead capital.
B) human capital.
C) financial capital.
D) intangible capital.

Question

Quizplus · Accepted Answer

Building flood embankments on the sides of rivers by the government of Bangladesh is an investment in social overhead capital because it involves the creation of infrastructure that supports the functioning and growth of the economy by protecting land and property from floods, thereby benefiting society as a whole.

Related to the Economics in Practice on P