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Mill says, "The object of this essay is to assert one very simple principle; that the sole end for which mankind are warranted, individually or collectively, in interfering with the liberty of action of any of their number, is self-protection."
Self-sufficiency
The ability to fulfill all of one's needs without reliance on external resources, promoting independence and sustainability in living or economic practices.
Labor Force
The sum of individuals with jobs or actively looking for work in an economy.
GDP Deflator
A measure of the level of prices of all new, domestically produced, final goods and services in an economy over a period of time.
Real GDP
The measure of a country's economic output adjusted for price changes (inflation or deflation), representing the value of all goods and services produced over a specific time period in real terms.
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