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The proposed construction of the National Children's Hospital will improve Ireland's infrastructure - Leaving Cert Economics - Question 9 - 2013
Question 9
The proposed construction of the National Children's Hospital will improve Ireland's infrastructure. Explain the underlined term and outline one economic benefit to ... show full transcript
Worked Solution & Example Answer:The proposed construction of the National Children's Hospital will improve Ireland's infrastructure - Leaving Cert Economics - Question 9 - 2013
Step 1
Explain the underlined term
Answer
The term 'infrastructure' refers to the capital equipment and facilities that are essential for public services. This includes the physical systems like transport, communication, utilities, and healthcare facilities such as hospitals. Good infrastructure is critical as it enhances the efficiency and effectiveness of services provided to the public and supports the smooth running of the economy.
Step 2
Outline one economic benefit
Answer
One significant economic benefit of the construction of the National Children's Hospital is improved health care for children in Ireland. With a dedicated facility, there will be enhanced health services specifically tailored for children, resulting in better health outcomes. Additionally, this can lead to a reduction in costs associated with health services by achieving economies of scale, ultimately benefiting both families and the healthcare system.