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Infrastructure Video Lecture | Economics Class 12 - Commerce

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FAQs on Infrastructure Video Lecture - Economics Class 12 - Commerce

1. What is infrastructure?
Ans. Infrastructure refers to the physical and organizational structures and facilities needed for the functioning of a society or enterprise. It includes systems such as transportation, communication, power supply, water supply, and public institutions.
2. Why is infrastructure important?
Ans. Infrastructure is crucial for economic development and quality of life. It enables efficient transportation of goods and people, facilitates communication and connectivity, provides essential services like electricity and water, and supports the functioning of public institutions.
3. What are the different types of infrastructure?
Ans. Infrastructure can be classified into various types, including transportation infrastructure (roads, railways, airports), communication infrastructure (telecommunications networks), energy infrastructure (power plants, transmission lines), water infrastructure (dams, pipelines), and social infrastructure (schools, hospitals, public buildings).
4. How is infrastructure funded?
Ans. Infrastructure projects are typically funded through a combination of public and private investments. Public funding may come from government budgets, taxes, or borrowing, while private funding can come from sources such as private investors, public-private partnerships, or user fees.
5. What are the challenges in maintaining and upgrading infrastructure?
Ans. Maintaining and upgrading infrastructure can pose various challenges. These include inadequate funding, lack of long-term planning, aging infrastructure, political and regulatory complexities, environmental considerations, and the need to balance competing demands for limited resources.
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