Stace Draws a Parallel Between Ethics and Science by Stating

question 93

Essay

Stace draws a parallel between ethics and science by stating that someone who holds morals other than those of a universal moral code is simply ignorant of the absolute truths, in the same way that someone believing that the earth is flat is simply ignorant of the scientific truth that the earth is shaped like a globe. Do you agree that this comparison is justified? Why or why not?

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Definitions:

Price Ceiling

A legal maximum price that can be charged for a good or service, intended to protect consumers from high prices.

Subsidy

Financial assistance granted by a government or public body to support businesses, reduce the prices of goods and services, or encourage particular economic activities.

Profit

The financial gain achieved when the revenue from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.

Rent-seeking Behavior

Actions by individuals or firms to increase their own wealth without creating new wealth or value, often through manipulating the social or political environment.