Reference no: EM133173792

An indicator of a country's economic development is the viability and reliability of the country's infrastructure. Infrastructure represents capital goods that support industry's ability to develop, communicate, and move products. These include roads, bridges, ports, airports, railroads, electrical systems of production and distribution, communication networks, and financial systems. Systems to support production, promotion, and distribution of products.

The quality of these systems will have a direct effect on the country's potential for growth and maintaining economic equilibrium in the future as the infrastructure ages.

The United States' infrastructure has largely been built over the last 100 years. What are the potential consequences to the US Economic system if various infrastructure systems lose their viability?

Discussion Items to Include:

• Choose a U.S. Infrastructure system and describe its development history as compared to the same type of system around the world.
• Discuss what may happen to the U.S. economic system if the infrastructure system you choose loses competitiveness on a global scale.
• Who should be responsible for upgrading various infrastructure systems in the United States - Corporations or the U.S. Government? Justify your reasoning with supporting reference.