Unit 5: Sufficiency Economy

Unit 5: Sufficiency Economy

Meaning of Sufficiency Economy

Sufficiency Economy is the philosophy to guide the livelihood and the self-conduct of people in all levels.

Multiple Choice

What is Sufficiency Economy?

• the philosophy to guide the livelihood

• the philosophy of gravity

• the philosophy to guide the direction

Characteristics of Sufficiency Economy

Sufficiency means moderation, reasonableness, and the necessity to have immunity against internal and external changes. 

Multiple Select

What are the important characteristics of Sufficiency Economy? (Choose three)

• necessity to have balance

• necessity to have self-immunity

• cooperation

• moderation

• reasonableness

Background of Sufficiency Economy

Sufficiency Economy is the philosophy that His Majesty King Bhumibol Adulyadej gave the speech to guide the livelihood to his people over the period of 30 years.

Between 1992 and 1994, the Thai economy had expanded rapidly but did not solve the problem.

Background of Sufficiency Economy

“ … if people know how to be enough, they will be less greedy and will exploit others less. And if we apply to such thought, it means that we will live moderately, honestly, ungreedily, and then we will be happy …”

Multiple Choice

What will happen if people are less greedy?

• they will not exploit others

• thy will not take advantage of others

• they will follow the rules

Open Ended

How do you practice moderation in your life? Give 2 examples.

Multiple Choice

What is the first royal project initiated in 1951?

• the project to build the road to Huay Mongkon Village

• when he gave Mozambique Tilapia fish from Penang Malaysia

• the project for agriculture

Multiple Choice

What do you call the first research station of the Royal Projects?

• Chingmai Royal Farmers Station

• Angkahang Tanao Agriculture Cooperative

• Angkhang Royal Agricultural Station

Multiple Choice

Which of the following is a project under Royal Patronage?

• Thai Encyclopedia Project for Youths

• Monkey Cheeks Project

• Huay Mongkon Village Project

Multiple Choice

Which is TRUE about the Monkey Cheeks Project?

• It stops draining the water out of the canal and release in the shore during wet season.

• It sustains the water out in the lower areas to the large canal near the river.

• Drain the water out of the canal when the sea level is lower than the canal level

Multiple Choice

What royal project initiated by Rama IX is this?

• Chaipattana Low Speed Surface Aerator, Model RX-3

• Chaipattana High Speed Water Aerator, Model RX-2

• Chaipattana Low Speed Surface Aerator, Model RX-2