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Which of the Following Could Save a Smaller Proportion of Their

question 12

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Which of the following could save a smaller proportion of their earnings to achieve the same level of wealth as the others?


Definitions:

Ethical Relativism

The perspective that moral judgments and ethical standards are relative to the cultural, societal, or personal context in which they occur.

Cultural Relativism

The principle that an individual's beliefs and activities should be understood by others in terms of that individual's own culture.

Ethical Absolutism

The moral philosophy positing that universal moral standards exist, enabling the judgment of actions as inherently good or bad, irrespective of the circumstances surrounding the action.

Ethical Absolutism

The moral principle positing the existence of definitive criteria for evaluating moral queries implies that specific deeds are inherently good or bad, irrespective of the circumstances surrounding the action.

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