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Mahatma Gandhi had multifaceted personality. His aim in the life was to achieve enlightenment by serving his nation and mankind. He was born in India and so he was of the opinion that it was his first duty to serve India. He did it through his thoughts, creative activities, different movements, organizations, and his own life- style. His creative activities can be classified in 18 forms which cover mainly political, economical, social, educational, religious as well as medical fields. Out of 18 forms of his activities were related to economic wellbeing of society. He was clear that economic self sufficiency for an individual and for a nation is unavoidable. This led him to think about and study upon various economic problems of the country and device action plans for solving them. This was the root of his economic thinking. His work or discussions or writing therefore, were not educational fancy but were the requirement of time. He knew that the major part of human life is busy in economic activities. In that case economic activities can never be without ETHICS and NONVIOLENCE. Thus he absorbed ethics and nonviolence in economics. He created a strong background for his economic thought. He collected information about Indian Economy before British rule and the causes of the decline of Indian Economy during the British rule. With this strong background he had his own unique way of thinking about economics, economy, economic aims, and economic development process. He examined the usefulness and practicability of his economic thoughts by practicing them in the country. He had his original explanation about important concepts and terminologies of economics. He explained that economy did not mean the people of a country having the right to develop with the unlimited use of all the living and nonliving resources available in the country. Economy meant the total living of a country that has got the right to survive with coexistence. That is the cause he was the first man to care for ecology. He rejected the idea of 'economic man'. He accepted the average man with all his characteristics. He said that an average man lives a satisfied life with his resources. 'Unlimited demand', 'Dissatisfied man ' and 'Limited resources' are wrong concepts. At the same time he explained about the required need. Following are the main points regarding Gandhi je thought on Economic Development 1. Limitations of wants 2. Development of rural Economies 3. Swadeshi 4. Small and medium scale of enterprise 5. Saving
Limitations of Wants: - Problem of development is consumerism. Gandhi je advocated that one should minimize his/her needs; they should use the resources according to their need.