An economy's infrastructure refers to its
A) public capital goods, such as roads, schools, and power facilities.
B) ﬁnancial and banking institutions.
C) land and natural resources.
D) surplus supplies of unskilled labor.

Question

Quizplus · Accepted Answer

An economy's infrastructure refers to its public capital goods, such as roads, schools, and power facilities. These are the physical assets and institutions that support economic activity and promote growth. The infrastructure is essential for businesses to operate and for individuals to access goods and services. Without a strong infrastructure, economic development and growth can be limited.

An Economy's Infrastructure Refers to Its