Question 4 - Past Year Questions - 5 Marks - Chapter 1 Class 9 Economics - The Story of Village Palampur - Economics

Explain the role of infrastructure for the development of the rural economy.

Answer:

Answer to be written in the exam:

Role of infrastructure in the development of  economy: 

• Tube wells and other agricultural machinery run on electricity.

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• Education offers th e knowledge and technology necessary for the growth of industrial enterprises.

• Roads enable access to marketplaces.

•  Banks and other financial institutions offer loan facilities.

•  I nsurance and communication provide stability and routine functioning.

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