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As mentioned in the title of the present work, this book which is mainly based on the Sigalovada Sutta of the Pali literature with a brief historical formation and development deals with the importance of socio-economic philosophy of the Buddha. The problems of society related to the formation and relations of society have been pointed out and highlighted the important significance of six social relationships respectively. Furthermore, various aspects of the economic philosophy of the Sutta will be discussed about the Buddhist economic conceptions especially for the laity. With the practice of right livelihood obtained in the Noble Eightfold path, the householders may know how to earn for living and how to spend their income and expenditure for maintaining and developing the economy not only for each individual, family but society or country as well. In order to balance their life, the practice of avoiding six ways of dissipating wealth and putting away the four vices in conducts as well as the abstention of evil deeds from the four motives should be followed.

The research is displayed in such a scope happening at the time of the Buddha and in the land of Buddhism, India. Accordingly, society is changing in many aspects. However, the more the present world is civilized and progressed the more evils have been existed due to the decline of morality in the worldly life.