BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Greater the economic infrastructure, greater will be the production and more generation of employment opportunities. Thus, expenditure incurred on the economic infrastructure can be regarded as a necessary condition for economic growth.

Detailed explanation-2: -Infrastructure is a significant factor that affects the economic development of a country. An informal trade barrier is created by government actions.

Detailed explanation-3: -Infrastructure provides the most basic facilities that help serve different economic activities and thereby help in the facilitation of the growth of the country, development of the country, education, communication, transport, banking and insurance, health, technology.

Detailed explanation-4: -Infrastructures play a crucial role in the generation of employment opportunities. They improve mobility, efficiency and productivity of labour. Moreover, larger investment, development of industry and agriculture create all the more employment opportunities.

Detailed explanation-5: -Infrastructure affects growth through several supply and demand-side channels. Investments in energy, telecommunications, and transport networks directly impact growth, as all types of infrastructure represent an essential input in any production of goods and services.