What Did Milton Friedman Argue in His Seminal 1970 Article

question 33

Multiple Choice

What did Milton Friedman argue in his seminal 1970 article published in The New York Times Magazine?

• A)Profit, although important, should not be the primary focus of firms.
• B)Firms have a duty to pay their employees a living wage.
• C)Profit, as a result of the actions of the firm, is an end in itself.
• D)Firms do not provide value to society unless they are acting in a socially responsible manner.

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Definitions:

Counselors

Professionals trained to offer guidance on personal, social, or psychological problems, providing support and advising individuals or groups.

Developmentally Appropriate Tools

Resources or methods designed to match the developmental stage of an individual, ensuring they are suitable for their age and capabilities.

Child Sexual Abuse

Involves an adult or older adolescent engaging in sexual activities with a child.

Disclose

To make known or reveal information that was previously private or secret.