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Utilitarianism
A philosophical theory that suggests that actions are right if they are useful or for the benefit of a majority, emphasizing the greatest happiness principle.
Personal Moral Philosophy
An individual's set of beliefs, principles, and values regarding what is right and wrong, guiding their behavior and decision-making.
Economic Tenets
Fundamental principles that form the foundation of economic theories and practices, such as supply and demand, scarcity, and opportunity cost.
Moral Idealism
A philosophy that places importance on morality, often asserting that certain actions are morally required or forbidden regardless of the consequences.
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