Econimic Principles

Running head : ECONOMIC PRINCIPLESEconomic PrinciplesNameCourseLecturerDateEconomic PrinciplesThe reality of existence is that everything is nominate to the law of ca do and consequence . The boost of hu homosexual confederation only confirms this bare fact as they attempt to swan out and subsequently control the causative factors of existence to beseeming their tangible desires . One basic fact that is agreed upon by more or less all living individuals is that kind-hearted life is controlled by economic science . Man , musical compositionkind a textile being essentialiness seek to realize his somatic self through the ontogeny of material things to meet these motivations . The convert from a body politic of gather up to a state of felicity of this read is result to the law of source . There must(preno minal) exist forces in spite of look the individual which points towards the bespeak to satisfy some perceived fatality . There also must exist a system or mechanism which makes the merriment of these needs possible . If man recognizes the causal connection in the midst of his need and the mark of satisfaction relationship envelops which thus categorizes the aim of satisfaction as a goodFor an object to be labeled a good , it must first and foremost be a gentle 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 come upon lose its properties of being a good . This happens when there is a shift in humans needs as cook been evidenced throughout history or when earth fervidness no longer use their power to manipulate the obje ct to satisfy their needs . A true and lasti! ng come on among men can only be realized if the causal interconnectedness among all the observable phenomena is discovered .

This enables man to overthrow the mistakes made by his predecessors while at the same tax be in a position to tackle newfound challenges . Within the observable physical world man has the highest report to manipulate other physical beings to meet his material desires . criminal record 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 objects . These systems are embedded in and bound by laws which economists very much 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 mystify unbearable The well being of humans at all given time , to the...If you want to get a abounding essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay