M1 Unit 5: Sufficiency Economy

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

• sustainable economy

• sufficiency economy

• systematic economy

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

• sufficiency

• supplementary

• efficiency

This the guideline for developing the agricultural sector, step by step.

• New Theory of Nature

• New Theory of Aquaculture

• New Theory of Agriculture

“If people know how to be _________, they will be less greedy and will exploit others less."

• enough

• proud

• loud

He defines Sufficiency Economy as the economy that can support itself and can be self-sufficient without being in trouble.

• Professor Prawase Wasi

• Sumet Tantiwetchakul, Ph.D

• King Bhumibol Adulyadej

He defines Sufficiency Economy as the economy that is based on the middle path because it relates to economy, spirit, society, culture, and environment.

• Professor Prawase Wasi

• Sumet Tantiwetchakul, Ph.D

• King Bhumibol Adulyadej

His Majesty the King stated that we had to __________ from the inside which means making people of the community that we are to develop to be strong.

• expound

• explode

• upload

The following are the working principles of His Majesty the King, EXCEPT one.

• Developing in accordance with the democratic system

• Developing people’s readiness

• Considering all matters entirely

• Do what makes you feel right.

It means the ability to live independently, securely, completely on a personal level and community level.

• Being self-reliant

• Being defensive

• Being dependent

It is the first royal project to help people began in 1951.

• Huay Mongkon Village

• Mozambique Tilapia fish from Penang Malaysia

• Angkhang Royal Agricultural Station