Assertion: The share of power and telecommunication infrastructure is...
- Some economists have projected that India will become the third biggest economy in the world a few decades from now. For that to happen, India will have to boost its infrastructure investment.
- In any country, as the income rises, the composition of infrastructure requirements changes significantly. For low-income countries, basic infrastructure services, like irrigation, transport and power, are more important.
- As economies mature and most of their basic consumption demands are met, the share of agriculture in the economy shrinks and more service-related infrastructure is required. This is why the share of power and telecommunication infrastructure is greater in high-income countries.
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Assertion: The share of power and telecommunication infrastructure is...
Assertion: The share of power and telecommunication infrastructure is greater in high-income countries.
Reason: As economies mature and most of their basic consumption demands are met, the share of agriculture in the economy shrinks and more service-related infrastructure is required.
The correct answer is option 'A' - Both A and R are true and R is the correct explanation of A.
Explanation:
Share of Power and Telecommunication Infrastructure in High-Income Countries:
- High-income countries have a greater share of power and telecommunication infrastructure compared to low-income or middle-income countries.
- These countries have advanced technological capabilities and higher levels of industrialization, which require a robust and well-developed power and telecommunication infrastructure.
- The power infrastructure includes power generation plants, transmission and distribution networks, and renewable energy sources. The telecommunication infrastructure includes telephone lines, internet connectivity, mobile networks, and data centers.
- High-income countries have a higher demand for electricity and communication services due to their larger populations, higher urbanization rates, and greater industrial activities.
- These countries also have more advanced communication technologies, such as fiber-optic networks and 5G technology, which require substantial investment in infrastructure.
Transition from Agriculture to Service-Related Infrastructure:
- As economies mature and develop, there is a shift from agriculture-dominated economies to service-oriented economies.
- In the initial stages of development, agriculture plays a significant role in the economy of a country, employing a large portion of the population and contributing to the majority of the GDP.
- However, as economies progress and most of the basic consumption demands are met, the share of agriculture in the economy shrinks.
- This transition is driven by factors such as urbanization, industrialization, and technological advancements.
- As the service sector expands, there is a growing need for infrastructure to support service-related activities, including power and telecommunication infrastructure.
- The service sector includes industries such as banking, finance, healthcare, education, tourism, and information technology, which heavily rely on power and telecommunication services.
Conclusion:
- The share of power and telecommunication infrastructure is indeed greater in high-income countries.
- This is because high-income countries have advanced technological capabilities, higher levels of industrialization, and a greater demand for electricity and communication services.
- Additionally, as economies mature and transition from agriculture to service-oriented sectors, the need for robust power and telecommunication infrastructure increases.
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