a)

Characteristics of a buoyant economy

1. Healthy growth in all the main sectors of the economy. e.g. agriculture, industry, etc.
2. Improvement in infrastructure. i.e. roads, hospitals, schools, electricity, etc.
3. Increase in per capita income that leads to better standard of living
4. Reduction in unemployment/provision of job opportunities
5. High literacy rate with increased enlightenment for better national decision-making
6. Advancement in technology in solving human problems in health, industry, etc.
7. Low population growth rate that promote economic development
8. Reduction in poverty as a result of available job avenues for creating wealth
9. Positive work attitudes and high national productivity
10. Increase in savings and investments
11. Peace and stability to attract foreign investors
12. Export driven economy
13. Efficient tax system
14. High rate of industrialization
15. High mechanized agriculture
16. Low cost of production

b)

Ways of achieving better socio-economic life in Ghana

1. Provision of high level of education
2. Acquisition of vocational and technical skills
3. Ensuring the existence of effective financial institutions
4. Encouraging increased saving habits
5. Providing good working conditions
6. Reducing population growth rate
7. Promoting positive work ethics
8. Creating job opportunities
9. Adoption of effective tax mobilization
10. Promoting good governance
11. Improving agricultural production
12. Provision of good security
13. Provision of social amenities
14. Promoting various kinds of investments in the economy
15. Practicing healthy life style
16. Building trust and confidence in people
17. Adoption of good interpersonal relationships
18. Ensuring good legal system

(a)

The secondary sector of Ghana's economy is the manufacturing sector of the economy that uses raw materials and other products to produce final goods and services and other intermediate products. Motor manufacturing, food processing, textile manufacturing, building construction, etc. constitute part of the secondary sector. It is the sector that transforms raw materials into finished or semi-finished goods.

(b)

Measures the government of Ghana is taking to promote the development of the secondary sector of her economy

1. Improving/constructing roads to open sources of raw materials to manufacturing centres
2. Diversifying state enterprises that are not viable to private participation
3. Establishment of National Board of Small Scale Industries to offer advice to them
4. Creating free industrial zone where land acquisition is easy and basic utilities are provided
5. Liberalizing tax regime for industries
6. Encouraging joint ventures between state and private individuals e.g. Valco in Tema
7. Providing credit facilities like loans to small scale manufacturers, e.g. rural/cottage industries, crafts, MASLOC, etc.
8. Skill training for small scale industrialists
9. Supporting the primary sector to produce more raw materials