Jimmy Is Three Years Old and His Mother Has Warned

question 2

Multiple Choice

Jimmy is three years old and his mother has warned him to never touch the stovetop.This is an example of

• A) when obedience is good.
• B) when obedience is unimportant.
• C) an ambiguous situation.
• D) none of these.

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Definitions:

Invisible Hand

A term coined by Adam Smith to describe the self-regulating behavior of the marketplace.

Economic Power

Economic power refers to the ability of individuals, companies, or countries to influence or control economic conditions, markets, or resources.

Deontological Ethical Theories

Moral theories that prioritize adherence to duty or rules over the consequences of actions in determining the rightness of actions.

Rigid And Formal

Strictly adhering to established rules, procedures, or norms without flexibility.