Share with Classmates Ethical Dilemmas That You Have Experienced in Your

question 27

Essay

Share with classmates ethical dilemmas that you have experienced in your life and how you handled them.Brainstorm as a class what types of options could have been used to solve the ethical dilemma.
Class Exercises:

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Definitions:

Economic Model

A simplified representation of economic processes, used to predict and analyze real-world economic behaviors.

Consumer Tastes

Preferences and inclinations of consumers regarding various goods and services, which can influence their purchasing decisions.

Entrepreneurial Decision-Making

The process through which entrepreneurs assess, decide, and act upon business opportunities and ideas.

Creative Destruction

A process where new innovations lead to the demise of older technologies or methods, driving economic development.