Asked by Breonna Arbee on Sep 30, 2024

Utilitarianism is based on the laissez faire theory of capitalism.

Capitalism

An economic system characterized by private or corporate ownership of goods and services, intended for profit.

Utilitarianism

An ethical theory that promotes actions that maximize happiness and well-being for the majority of a population.

Laissez Faire

An economic philosophy advocating minimal governmental intervention in the market and the private sector.

Interpret the basic elements of numerous ethical theories, including deontological, teleological, utilitarian, and rights-based systems.
Differentiate ethical ideologies centered around maneuvers, consequences, or prerogatives.

Learning Objectives

Interpret the basic elements of numerous ethical theories, including deontological, teleological, utilitarian, and rights-based systems.
Differentiate ethical ideologies centered around maneuvers, consequences, or prerogatives.