he has placed importance on step-by-step development on the basis of self-reliance, having enough to live and to eat, moderation, reasonableness, and self-immunity. Also, His Majesty the King’s
royal statement significantly raised consciousness of Thai people to be prudent, to realize steps of development which are academically correct, and to adhere to morals for every conduct of life. These all
are known as “Sufficiency Economy.”