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Basic infrastructure facilities in Economics are known as :
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- Human capital
- Physical capital
- Social overheads capital
- Working capital
- Human capital
Correct Option: C
Social overheads capital is the capital spent on social infrastructure, such as schools, universities, hospitals, libraries. They are capital goods of types which are available to anybody, hence social; and are not tightly linked to any particular part of production, hence overhead. Because of their broad availability they often have to be provided by the government. Examples of social overhead capital include roads, schools, hospitals, and public parks.