Peter Singer | What Should a Billionaire Give-And What Should

question 87

Multiple Choice

Peter Singer | What Should a Billionaire Give-And What Should You?
Singer explores the ethical issues associated with philanthropy on a large scale, such as the billions of dollars donated by Bill Gates and Warren Buffet, including questions raised concerning motive, obligation, and relation to government aid. He concludes with a hypothetical calculus of distribution for the wealthy to the poor that would more than solve the crisis of poverty among the world's poorest peoples.
-Wealth depends for the most part on

• A) natural resources and technology.
• B) organizational skills in the community.
• C) presence of good government.
• D) all of the above

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Definitions:

Long-Lived Assets

Tangible or intangible resources owned by a company with a useful life extending beyond one year, such as buildings, equipment, and patents.

Sales Taxes

Taxes imposed by governments on sales of goods and services, collected by the seller.

Asset Improvements

Expenditures made to enhance the efficiency, capacity, or lifespan of an asset, leading to an increase in its value.

Ordinary Maintenance

The routine upkeep and repairs required to maintain assets in their normal operational state.