Infrastructure: Difference between revisions

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In Keynesian view, infrastructure is purely public-sector
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"...both specific functional modes - [[highway]]s, [[street]]s, [[road]]s, and [[bridge]]s; [[public transport|mass transit]]; [[airport]]s and airways; [[water supply]] and [[water resources]]; [[wastewater]] management; [[waste management|solid-waste treatment]] and disposal; [[electric power]] generation and transmission; [[telecommunication]]s; and [[hazardous waste]] management - and the combined system these modal elements comprise. A comprehension of infrastructure spans not only these [[public works]] facilities, but also the operating procedures, management practices, and development policies that interact together with societal demand and the physical world to facilitate the transport of people and goods, provision of water for drinking and a variety of other uses, safe disposal of society's waste products, provision of energy where it is needed, and transmission of information within and between communities."<ref>''Infrastructure for the 21st Century'', [[Washington, D.C.]]: National Academy Press, 1987.</ref>
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In subsequent[[Keynesian yearseconomics]], the word ''infrastructure'' was exclusively used to describe public-sector assets that facilitate production, but not private-sector assets of the same purpose. In post-Keynesian times, however, the word has grown in popularity. andIt has been applied with increasing generality to suggest the internal framework discernible in any technology system or [[business organization]].
 
==Uses of the term==