I’m studying for my Business class and need an explanation.
The Oxford Dictionaries, in a simplistic way, defines infrastructure as, “The basic physical and organizational structures and facilities (e.g. buildings, roads, power supplies) needed for the operation of a society or enterprise”. In the United States, the subject of infrastructure appears at all levels, be it federal, state and local. The subject has become political in nature and discussed daily in the news. The consensus appears to be that the current status of our infrastructure on most fronts is poor, in addition to being outdated and in need of significant improvement. Politicians, as well as the general public seem to confirm its importance, however, to what magnitude and price they are willing to pay for it is debatable. In many places, it will most likely find its whereabouts on the ballots in upcoming and future elections. Globally, infrastructure is also a criterion used to analyze countries and cities, as well as becoming a measure of comparison among them.
Identify and explain which forms of infrastructure you believe will bear the most credence in order for a country or city to compete globally, thereby making them desirable targets for international investment. Please no less than 200 words。