Social overhead capital was said to exist in contradistinction to private capital.
2.
Social overhead capital creation can only be undertaken by government, in Rostow's view.
3.
Criteria for classifying an asset as Social Overhead Capital include:
4.
According to Rostow capital formation depends on the productivity of agriculture and the creation of social overhead capital.
5.
Social Overhead Capital ( SOC ) is defined as basic services without which primary, secondary and tertiary productive activities cannot function.
6.
Is it taking us to communism; or to the affluent suburbs, nicely rounded out with social overhead capital; to destruction; to the moon; or where ?"
7.
Gerschenkron did not define economic backwardness but alluded to related factors : income per capita, amount of social overhead capital, literacy, savings rates and level of technology.
8.
His domestic policy particularly focused on promotion of economy and investment in social overhead capital, and the long peace since 1814 led to an increased prosperity for the country.
9.
In a narrow sense, Social Overhead Capital is defined to include transportation and electricity, while in a wider sense, it includes all public services, including law and order and education.
10.
For in a country that lacks basic infrastructure and the appropriate social overhead capital, Nadeem wanted to show through his pilot project the benefits of the concept of rehabilitation through employment.
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