Q5 of 35 Page 133

Explain the concept of Integral human.

Ancient economics does not consider human labour and skills as a factor of production, according to it, human body, mind, intelligence and soul are integrated form and balanced development of these four elements is required. It presents religion, meaning, work and salvation in front of a human being in the form of duty. It emphasizes on the physical, moral and spiritual development of human, whereas Capitalist economy presents man as an economic man who is a machine of earning more and more money while socialist economy considers him as means of earning money, which utilises human skills for the maximum benefit of society. Ancient economics focus on the overall development of human and not solely focus on his labour and skills for monetary benefits.


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