A Final Word

1. the market needs ___ framework to function properly
5. Of the world=_____ self
8. self-interest,our own advantage
10. economics is the science of the allocation of scarce resources
13. Traditional economics root concept
16. law: bad money (low silver value) will drive good money(high silver content)out of the market
17. Without moral and social foundation___ have to be in place for the system to work
19. include ___ and ___ into our analyses and improve quality of life for everyone
20. include ___ and ___ into our analyses and improve quality of life for everyone

2. In the world=____ self
3. the best way for everyone to be secure is to own capital/ land
4. Economic revolution: money began to circulate more and develop ____ value
6. We need to not separate the _____ from the economic problem
7. traditional method:____ compensation test
9. Humanistic economic entity can only function where businesses, not the _____ makes their economic decisions
11. (highest good) should be considered for every economic question
12. need ________government to maintain and nurture competition, available employment opportunities, and environmental protection
14. common humanity, objectivity, fairness, truth
15. marketization and materialism vs ______
18. invisible hand