What Did the Ancient Greeks Think About Business

question 20

Multiple Choice

What did the ancient Greeks think about business?

• A) They were concerned about fair trade practices.
• B) They wrote about balancing profit with other values, such as loyalty.
• C) They thought businesses should have social responsibility.
• D) They thought looting defeated enemies was a better way to make money.
• E) They believed strongly in a free market.

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Definitions:

No Child Left Behind Act

A U.S. federal law enacted in 2002 aimed at improving the performance of U.S. primary and secondary schools by increasing standards of accountability for states, school districts, and schools, as well as providing parents more flexibility in choosing which schools their children will attend.

Federal Mandate

Regulations that the federal government imposes on state and local governments to carry out certain policies.

Federal Expenditures

The spending by the federal government of a country, including on defense, education, public welfare, and infrastructure projects.

Average Tax Rate

The portion of total income paid in taxes, calculated by dividing the total amount of taxes paid by the taxpayer's total income.