THE POLITICAL ENVIRONMENT - INFRASTRUCTURE Flashcards
Wat is infrastructure
Infrastructure refers to the physical systems that enable the flow of people, goods and services, energy, water and information in an economy.
What does infrastructure include
Transport networks
The electricity grid
Water pipes & sewers
Broadband connections
What is government policy
Government policy aims to modernise, update and improve infrastructure to enable the economy to operate efficiently.
What is the role of the government
Audit and identify infrastructure requirements
Provide funding, or to find funding from private sources for new infrastructure projects
Monitor/ regulate the existing infrastructure network
What are opportunities of intrastructure
Lower costs of production for businesses
Emcourages the movement of people - customers, employees etc
Increases efficiency
Improves access to information
Provides construction/ maintencance opportunities
