Industry and frugality are virtues whose benefits to the persons who possess them are so obvious that no argument is necessary to convince one of their merit. They provide a necessary means for the accumulation of goods, without which one would be unable to have security or the opportunity for the development of his capabilities and powers as a human being.These virtues are again illustrative of Aristotle's doctrine of the golden mean, for when they are present in too great an amount, they produce the vice of avarice,and when they are deficient or lacking in the proper amount, they give rise to prodigality. The virtues which consist of the right amount are not only pleasing to the individuals who possess them but are useful in promoting their best interests. On the other hand, the vices of avarice and prodigality are disapproved because they
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