1. Infrastructure and education are key foundations to any strong economy. Interestingly, both are typically government responsibilities and weak points in our current economy. How can the government become more effective and efficient with meeting these needs? Or should there be a private solution or competitive incentive that would be more effective?
2. What do economists consider growth in average labor productivity to be the key factor in determining long-run living standards?
Infrastructure is the fundamental facilities and systems serving a country, city, or other area, including the services and facilities necessary for its economy to function. Construction and maintenance of roads is typically a government responsibility. However, governments sometimes fail to meet these demands due to several factors like corruption, negligence, incompetence, bad governance and even bad politics.