A BUOYANT ECONOMYA bouyant economy is an economy where all the various sectors of the national economy function effectively, which leads to significant improvement in the quality of life of the people.
How to identify a bouyant economy (characteristi…
COMPONENTS OF OUR NATIONAL SOCIO-ECONOMIC LIFEThe national socio-economic life of every country revolves around three sectors. These are:1. The primary sector. 2. The secondary sector 3. The tertiary sector
PRIMARY SECTORThe primary sector basically d…
WorkIt refers to any legitimate or lawful and socially acceptable activity that one performs to earn a living. That is, it is any legally acceptable activity that one performs to survive. Example include farming, teaching, engineering, bakery etc. a…
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