Although National Defense Is Currently a Public Good, Economists Who

question 28

True/False

Although national defense is currently a public good, economists who advocate small government generally agree that the U.S. should privatize national defense to increase the efficiency of the good.

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Definitions:

Moral Managers

Leaders who prioritize ethical standards and values in their decision-making processes, fostering a culture of integrity and ethical behavior within an organization.

Ethics Mindfulness

The practice of being aware and considerate of ethical principles and standards in decision-making and conduct, to ensure integrity and responsibility.

Corporate Social Responsibility

A business approach that focuses on sustainable development by delivering economic, social, and environmental benefits for all stakeholders.

Restrictive Government Regulation

Laws and rules imposed by authorities that limit or control certain activities or behavior within businesses.