What is the socio-economic infrastructure?

in #economy4 years ago

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The basis and prerequisite of economic development in socio-economic infrastructure. The presence of some social and economic elements is essential for the dynamism of the country's economy and the smooth conduct of development activities. These elements are considered as the foundation of economic and social development. These are also considered as socio-economic infrastructure.

The socio-economic infrastructure and the economic and social elements or foundations which serve as the basis of economic and social activities and development of the country are collectively called socio-economic infrastructure. Socio-economic infrastructure is a combination of economic and social infrastructure. The economic infrastructure and social infrastructure were discussed.

(1) Economic elements that affect the economic infrastructure and economic development of a country. The integrated form is called economic infrastructure. That is to say, in terms of economic infrastructure, a country's transport and transportation. Means system, electricity, gas and water supply, administrative system etc. These combine to form the economic infrastructure. Economic infrastructure plays an important role in the socio-economic development of a country. This is the key to economic development. With the development of economic infrastructure, production, distribution and distribution in the country increases, trade and commerce expands in the country, the dynamism of public life, happiness and comfort of human life increases. In other words, the development of economic infrastructure has led to the improvement of other sectors related to the country's economy. As a result, the pace of economic development of the country increased. Therefore, it can be said that the infrastructure that is formed by the combination of transport and communication system, electricity, gas and water supply, post and wire, administrative system etc. is called economic infrastructure.

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(2) The sum of the elements that play an important role in the social infrastructure and as the basis of the social development of the country is called social infrastructure. For example, social infrastructure includes education, public health development, attendance, technical knowledge and training, social customs, religious values, skilled manpower, and so on. These affect people's attitudes and behavior. These social elements that influence the economic development of the country are collectively called social infrastructure. In any case, the people of the country can make a special contribution to social development by becoming skilled, energetic and hardworking manpower through social infrastructure.