A buoyant economy typically exhibits strong consumer confidence, robust job growth, low unemployment rates, increasing wages, stable inflation levels, and high levels of consumer spending. Additionally, a buoyant economy often experiences steady GDP growth, healthy Stock Market performance, low interest rates, and a favorable balance of trade. These characteristics indicate a thriving economy with high levels of economic activity and overall prosperity.
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Main characteristics of USA, a developed economy? Main characteristics of INDIA,a developing economy? compare both the economics on the basis of characteristics as noted above? stress on those characteristics of Indian economy which seems as weakness in the development of an economy? give your suggesstion on the basis of the detail you have collected above what charecteristic India should achieve to become a developed economy? make an emphasis on the most significant features of economy of USA which are not found in the INDIAN economy?
Help! :(
Neplese economy depend upon the agriculture and remmitance.
Hhi
The economy is allowed to operate with no regulations or government interventions.