Difficulty: Easy
Correct Answer: if only argument I is strong
Explanation:
Introduction / Context:
Infrastructure (transport, power, logistics, digital networks, water) is foundational for private investment and public services. The question asks whether the state should invest.
Given Data / Assumptions:
Concept / Approach:
Argument I links investment to growth-enabling externalities and productivity—clear, decision-relevant, and specific. Argument II merely asserts “too big a role” without explaining why scale per se is harmful or proposing alternatives; it is vague and not compelling on its own.
Step-by-Step Solution:
I: Strong—identifies infrastructure as a growth engine and valid public investment domain.II: Weak—lack of mechanism; size concerns can be addressed through PPPs, fiscal rules, and independent procurement—not by abstention from investment.
Verification / Alternative check:
Successful economies combine public backbone assets with private participation; this corroborates I while showing II is not a decisive objection.
Why Other Options Are Wrong:
Crediting II without substance would be rhetorical; “either/neither/both” misclassifies the clarity of I vs vagueness of II.
Common Pitfalls:
Confusing governance quality problems (corruption, delays) with the principle of public investment.
Final Answer:
if only argument I is strong.
Discussion & Comments