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Unit 1 intro to W.S.
Section 1: philosophy in the age of reason
| front | back |
|---|---|
| natural laws | laws governing human nature |
| people are naturally cruel, greedy, and selfish | Thomas Hobbes |
| state of nature | life without laws or other control |
| social contract | an agreement by which people gave up state of nature for orginized society |
| natural rights | rights belonging to all humans from birth |
| people were basiclly reasonable and moral | John Locke |
| limited monarchy | montesquieu |
| absolute monarchy | Thomas Hobbes |
| limited power for government | John Locke |
| people were good in state of nature, but were corrupted by society | Rousseau |
| Laissez faire | allowing a business to operate with little or no government interference |
| free market | supply and demand should be allowed to operate and regulate business |
| The Wealth of Nations | Adam Smith |