State Two Alternative Formulations of Immanuel Kant's Categorical Imperative

question 7

Essay

State two alternative formulations of Immanuel Kant's categorical imperative. What are these two formulations?

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Definitions:

Quantity Adjustments

Changes made in the quantity of goods produced or procured in response to shifts in demand or supply.

Laissez-Faire Economy

An economic system where private parties are free from government intervention, such as regulations, privileges, tariffs, and subsidies.

Central Government Authority

The part of the government that has a national mandate and is responsible for the implementation and administration of policy and law in a country.

Command Economies

An economic system where the government or a central authority makes all decisions about the production and distribution of goods and services.