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The Complete Idiot's Guide to Economics, 2nd Edition by Tom Gorman

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Infrastructure

The term infrastructure means various things. Broadly, the term refers to the social infrastructure of government agencies, such as police, courts, corrections, tax collection, and education, and to the laws and legal system that enable people to make contracts, extend credit, and settle disputes. That social infrastructure extends to the banking system and financial markets. This infrastructure is still sound and reliable in advanced nations, but creating these institutions is a key challenge in war-torn third-world nations and dictatorships. Infrastructure also includes the military and defense capabilities.
Of more concern to people worried about U.S. economic sustainability is the infrastructure of power generation, air travel, ...

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