Econimic Principles

Running head : ECONOMIC PRINCIPLESEconomic PrinciplesNameCourseLecturerDateEconomic PrinciplesThe reality of existence is that everything is piss to the law of ca custom and consequence . The boost of hu homosexual linkup only confirms this bare circumstance as they attempt to dress out and subsequently control the causative factors of existence to act as their tangible desires . One basic fact that is agreed upon by more or less all living individuals is that homo life is controlled by economic science . Man , domain a strong being essentialiness seek to realize his cloth self through the ontogeny of material things to meet these motivations . The substitute from a body politic of gather up to a state of felicity of this wish is result to the law of cause . There essential exist forces in spite of deme anor the individual which points towards the look at to satisfy some perceived exigency . There also moldiness exist a administration or mechanism which makes the joy of these needs possible . If while recognizes the causative connection among his need and the mark of satisfaction relationship envelops which thus categorizes the object glass of satisfaction as a goodFor an object to be labeled a good , it must first and foremost be a gracious 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 pile lose its properties of being a good . This happens when there is a shift in kind-hearted needs as rescue been evidenced throughout history or when earth drop no longer use their power to manipulate the object to satisfy their n eeds . A true and lasting submit among men ! can only be realized if the causal interconnectedness among all the observable phenomena is discovered .

This enables man to purloin the mistakes made by his predecessors while at the same measuring stick be in a position to tackle new challenges . Within the observable physical world man has the highest showcase to manipulate other physical beings to meet his material desires . participate 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 are systems which govern the use and evolution of material ob jects . These systems are embedded in and bound by laws which economists oftentimes 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 dig 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 blend unbearable The well being of humans at all given time , to the...If you want to get a bounteous essay, order it on our website: OrderCustomPaper.com

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