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Man, Economy, and State Glossary


-Chapter 1-

Human action: individual behavior which is purposeful, can be meaningfully interpreted by other men, and aims at some end. (p. 1)

End: the purpose of a man's act. (p. 1)

Motive: the reason for a man's desire to achieve an end by instituting an action. (p. 1)

Technological idea: plans on how to achieve an end. (p. 3)

General conditions (of the environment): elements which man believes he cannot alter, e.g., air. (p. 4)

Means: elements which man believes he can alter to arrive at his ends. (p. 4)

Periods of time: time before the action, during the action, and after the action. (p. 4)

Choice: when man uses means to satisfy some ends, while others remain unsatisfied. (p. 5)

Economizing: choosing ends to satisfy the most desired ends first. (p. 5)

Valuation: scaling of ends in accordance with their value to the actor. (p. 6)

Scale of values (or scale of preferences): scales which contain the ranking of an actor's alternative ends. (p. 6)


-Chapter 2-


-Chapter 3-


-Chapter 4-


-Chapter 5-


-Chapter 6-


-Chapter 7-


-Chapter 8-


-Chapter 9-


-Chapter 10-


-Chapter 11-


-Chapter 12-


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