A Buoyant Economy is the one in which all the various sectors of the national economy functions effectively leading to significant improvement in the quality of life of the people.
Characteristics of a Buoyant Economy in this Era:
it is strong and excellent infrastructure.services such as post and telecommunication system,power,water,insurance are all well developed for human use.A Buoyant economy applies by technology in every sector of the economy. research into crops, efficient farm tools, better training facilities to replace old and inefficient traditional system.
Education and skill acquisition promotes productivity.A buoyant economy uses modern technology and efficient workers in every relevant sector.it duelly enhances stability and productivity as a buoyant economy does not to encourage strive, wars and coups.
standard of living is high and social aspiration of the people is very high and achievable.
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