Roles of infrastructure in economic development of Uganda
- Promotion of investment/capital inflow
- promotion trade/accessibility to market
- promotes resource utilization
- creates employment
- improves social welfare of people e.g. health and educational facilities
- facilitate innovation and invention
- promote diversification
- promote entrepreneurship skills
- generate government revenue
- leads to increased foreign exchange
- increase mobility of factors of production
- promote industrial development
- leads to modernization of economy/agriculture
- reduce conservatism/break social rigidities
CATEGORIES Economics
TAGS Dr. Bbosa Science
