Bentham's Influence on James Mill Was Contained in His

question 16

Multiple Choice

Bentham's influence on James Mill was contained in his:

• A) empiricism.
• B) utilitarianism.
• C) scholasticism.
• D) Common Sense.
• E) positivism.

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Definitions:

Allocation of Resources

The process of distributing available resources among various uses to satisfy the needs and wants of the society.

Taxes

Financial charges imposed by a government on individuals, businesses, or other entities to fund public spending and various services.

Prices

The monetary value assigned to goods and services in a market, determining the exchange rate in transactions.

Decisions

The process of making choices or conclusions after consideration, often involving options in personal, professional, or organizational contexts.