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Questions and Answers
What is the primary purpose of the sufficiency economy philosophy?
What is the primary purpose of the sufficiency economy philosophy?
- To maximize profits for individuals
- To encourage dependency on foreign aid
- To develop the country's economy and communities (correct)
- To promote excessive consumption
How does the sufficiency economy philosophy contribute to economic development?
How does the sufficiency economy philosophy contribute to economic development?
- By advocating for excessive borrowing and spending
- By encouraging over-reliance on government support
- By promoting self-reliance and moderation (correct)
- By prioritizing rapid industrialization at any cost
Does the sufficiency economy philosophy support sustainable development?
Does the sufficiency economy philosophy support sustainable development?
- Yes, by emphasizing balanced and sustainable development (correct)
- No, by disregarding environmental and social impacts
- No, by promoting rapid and unsustainable growth
- Yes, by encouraging exploitation of natural resources
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