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How is moral stability important to the economics of a society?

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How is moral stability important to the economics of a society?

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  1. say moral inertia, it's going to oppose plans to incorporate growth through integration and foriegn consumption trends and so every move shall be opposed to politically after seeing mini skirts we indians hav forgotten some of our sarees traditionally used to b .....

    but except moral inertia to some extent it's beneficial for eg. reliance on cheap ineginious good is good for any economy rather than consumerism so thus proper moral building is req to tackle any chnges


  2. Well, one of the goals of free enterprise is a stable economy, which would mean limited swings, but constant upward growth (oversimplified, but you get the picture).  So, if you believe that moral stability is important to the economics of a society (which you must because you asked //how// it is important, then it sociologically speaking, it would be because the structure of society is based on family units, and having stable family units (generally unchanging, stable parents who produce income and provide a stable family life with the necessities of life and education to provide skilled  future workers, plus individuals and families who provide spending, the heart of economics, which is really about scarcity (limited resources), and the unlimited wants and needs of consumers...

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