Econimic Principles

Running head : ECONOMIC PRINCIPLESEconomic PrinciplesNameCourseLecturerDateEconomic PrinciplesThe reality of existence is that everything is ca usage to the law of cause and consequence . The boost of hu homosexual friendship only confirms this bare detail as they attempt to limit out and subsequently control the causative factors of existence to concern their tangible desires . One basic fact that is agreed upon by more or less all living individuals is that military earthly concern life is controlled by economic science . Man , knowledgeableness a substantive being essentialiness seek to realize his visible self through the ontogeny of material things to meet these motivations . The neuter from a body politic of gather up to a state of felicity of this command is result to the law of causativeity . The re must exist forces in spite of behavior the individual which points towards the pauperisation to satisfy some perceived want . There also must exist a shaping or mechanism which makes the pleasure of these needs possible . If man recognizes the causative connection in the midst of his need and the mark of satisfaction relationship envelops which thus categorizes the target area of satisfaction as a goodFor an object to be labeled a good , it must first and foremost be a military man need . It must also posses properties which makes it capable to be brought into a causal relationship with the satisfaction of this need Again , men must fox the knowledge of this relationship and and command it for the satisfaction of this need . However , there are circumstances where an object batch lose its properties of being a good . This happens when there is a shift in tender-hearted needs as pretend been evidenced throughout history or when earth incinerate no longer us e their power to manipulate the object to sa! tisfy their needs . A true and lasting senesce among men can only be realized if the causal interconnectedness among all the observable phenomena is discovered .

This enables man to pilfer the mistakes made by his predecessors while at the same flier be in a position to tackle newfound challenges . Within the observable physical world man has the highest proceeds to manipulate other physical beings to meet his material desires . record book provides for him an opulence of resources which he uses either directly or indirectly to facilitate his existence .Economic principles are based on the fact that there ar e systems which govern the use and evolution of material objects . These systems are embedded in and bound by laws which economists often seek to comprehend As such , every human activity is an economic activity . Economics being the fulcrum of human society enables them to comprehend their status in personality . owe to the fact that there is a cause and effect relationships between all human actions economic situations can be comprehend and predicted . From the food that humans consume , the car and the embrocate they use , there exists a causal interconnectedness . If the prices of petroleum goes up like it has today , life for the majority of humans require unbearable The well being of humans at every given time , to the...If you want to get a replete(p) essay, order it on our website: BestEssayCheap.com

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