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According to St. Thomas' natural law theory, people employ three criteria to determine what is good or evil: fulfilling their actual nature, pursuing happiness, and obeying God's mandates.
Natural law theory:
- According to the ethics and philosophy notion known as "natural law," human beings have inherent values that guide their thought and behavior. According to natural law, people naturally possess these concepts of good and wrong; they were not developed by society or legal authorities.
- Ancient Greeks were aware of the principle of natural law, which was later developed by other philosophers. Aristotle, Plato, and Thomas Aquinas are three significant philosophers who helped shape natural law. The natural law hypothesis has been surrounded by numerous issues and worries.
- In philosophy, natural law is a theory of justice or right that is believed to be universal to all people and derived from the laws of nature rather than from positive laws or social norms.
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We domesticate animals so we can have them produce products for us such as milk, eggs, etc. We also slaughter them for meat, which is sold and then eaten. We also have animals as companions (pets) such as dogs, cats, birds, etc.
The term scarcity in economics refers to the fact that:
a. economic wants are limited and resources are abused
b. even in the riches country some people go hungry
c. no country can produce enough products to satisfy everybody's economic wants
d. it is impossible to produce too much of any particular good or service in a market economy
