Economic Growth And Its Effect On Economic Opportunities Essay

903 Words Dec 12th, 2015 4 Pages
It was the large-scale industrialization and urban expansion that changed the United States dramatically during the last quarter of the 19th century. Since then, buildings, highways, water and sewage systems have expanded beyond cities to the rest of the nation. However, the United States’ current infrastructure is aging, insufficient and hazardous. Infrastructure is a vital national asset that promotes economic growth. The decision to invest in U.S. infrastructure has never been more clear, making it all the more important to consider infrastructure’s importance to long-lasting growth its ability to expand economic opportunities. Policymakers need to invest more money in infrastructure development in order to increase economic growth and productivity, which will benefit all American’s standard of living.
Investing more money in infrastructure development benefits not only the economy, but also society as a whole because it provides a larger range of jobs that will enable more people to become employed. Jobs are fundamental sources of income in an economy, which leads to a decrease in consumerism. It has been years, if not decades since the government has passed a bill that will substantially update our deteriorating highway system. Current highways, waterways, and sewage systems built hundreds of years ago are falling apart and the citizens of the United States are facing the consequences. Without this much-needed improvement infrastructure would only continue to…

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