ENTREPRENEURSHIP

Detailed explanation-1: -Infrastructure is defined as the basic physical systems of a business, region, or nation and often involves the production of public goods or production processes. Examples of infrastructure include transportation systems, communication networks, sewage, water, and school systems.

Detailed explanation-2: -Economic infrastructure refers to the facilities, activities and services which support operation and development of other sectors of the economy. These facilities, activities and services help in increasing the overall productivity of the economy.

Detailed explanation-3: -Physical infrastructure refers to the physical availability and quality of public facilities, including the number of facilities, facility amenities and resources, the distribution of facilities, and the appropriate mix of facility types to meet population health needs.

Detailed explanation-4: -It ensures the smooth functioning of the economy. Unlike social infrastructure, it directly influences a nation’s productivity. Some major examples of physical infrastructure are irrigation, transportation, marketing, and power, which are indispensable for the economic progress of a country.