Asked by Comfort Desire on Sep 28, 2024
_____ is considered the father of free market capitalism. He believed that business was and should be guided by the morals of good men.
A) John Maynard Keynes
B) Immanuel Kant
C) Aristotle
D) Adam Smith
E) Lawrence Kohlberg
Free Market Capitalism
An economic system where prices for goods and services are determined by the open market and consumers, with minimal governmental intervention.
Adam Smith
An 18th-century Scottish economist and philosopher known as the father of modern economics, best known for his theories on free markets and the invisible hand.
Morals
Principles or habits with respect to right or wrong conduct, often influenced by cultural, religious, or personal beliefs.
- Investigate the repercussions of ethical doctrines on business methodologies and personal demeanor.
Learning Objectives
- Investigate the repercussions of ethical doctrines on business methodologies and personal demeanor.