Review the Feature Entitled "Locke on the Origins of Government

question 91

Short Answer

Review the feature entitled "Locke on the Origins of Government" in this chapter.How did the personal backgrounds of Thomas Hobbes and John Locke likely influence their opinions of human nature?

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Definitions:

John Maynard Keynes

A British economic thinker whose insights led to significant shifts in macroeconomic practices and the economic approaches of governments.

Economy

The organized system of human activity involved in the production, consumption, and trading of goods and services.

Say's Law

An economic principle that suggests supply creates its own demand, meaning production of goods and services generates the purchasing power needed to buy those goods and services.

Supply

The total amount of a product or service that is available for purchase at any given price in a given market.