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infrastructure

Definition

The basic physical systems of a country's or community's population, including roads, utilities, water, sewage, etc. These systems are considered essential for enabling productivity in the economy. Developing infrastructure often requires large initial investment, but the economies of scale tend to be significant.

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Commodity Prices and Emerging MarketsLong term, it's likely that commodity prices will continue to rise. As emerging countries get swept up by American-style consumerism, they'll need more raw materials and finished goods. Also, they're ... Read more