Question

Which of these would be least likely to increase economic growth? Protecting intellectual property rights (such as patents) to provide incentives for innovation. An increase in tariffs to protect domestic industries from foreign competition. An expansion of financial aid options to college students. An increase in investment in infrastructure such as new roads and rail lines.

Answer 1

An increase in investment in infrastructures such as new roads and rail lines

The infrastructure development plays the crucial role in economic growths as follows.

• Helps in labor mobility within the country.
• Helps in faster-transporting goods one place to another
• Helps in overall development of the all the sectors.
• The reduction in unnecessary cost involved in transportation of cargos, or bulk goods.

These are the direct and indirect benefits of the infrastructure developments in th economy.