infrastructure
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Infrastructure
Infrastructure
infrastructure
the investment by central government and local authorities in railways, roads, airports, shipping ports, schools, universities, hospitals, etc.Infrastructure can play an important facilitating role in improving a country's industrial performance by providing, for example, a good communications network, and a stock of well-educated and trained workers, scientists and technologists.
infrastructure
orsocial overhead capital
a nation's roads, railways, housing, hospitals, schools, water supply, etc., accumulated from INVESTMENT, usually by the government or local authorities in previous periods. It also includes intangible items such as an educated/trained labour force created by investment in HUMAN CAPITAL.Infrastructure plays an important role in improving a country's general living standards and in contributing to a higher rate of ECONOMIC GROWTH.
infrastructure
The basic amenities and services that must be in place for a particular activity or pursuit.The infrastructure in a subdivision would consist of roads;storm sewers;and mechanisms for the transmission of water,waste products,electricity,telecommunications,and possibly natural gas. References to the infrastructure of a community might also include basic services, such as fire and police protection,schools,and libraries.