Which economic activities are natural and unnatural according to Aristotle?

a.) œconomia is natural and borrowing is not.

b.) money making for the sake of money making is natural and growing food is not.

c.) œconomia is natural and chrematistké is not

d.) lending and borrowing is natural and investing is not.

Question

History

Sherlyn Sosa

25 April, 00:06

Which economic activities are natural and unnatural according to Aristotle?

a.) œconomia is natural and borrowing is not.

b.) money making for the sake of money making is natural and growing food is not.

c.) œconomia is natural and chrematistké is not

d.) lending and borrowing is natural and investing is not.

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Answers (1)

Know the Answer?

Dominique Dorsey · Answer 1

Answer is Option C: œconomia is natural and chrematistké is not.

Explanation:

Aristotle was one of the greatest thinkers who was admired for his knowledge in components of a market economy. He provided his analysis on human needs and means. He said that if the end products are useful to people then the means of production are also valuable. The more useful product is, higher is the value of means of production.

According to him, Chrematistics means getting wealth with moneymaking and exchange is unnatural. He classified Economics or household management as natural i. e: wealth-getting activity whose means is "truth" and "virtue' are natural.