For Aristotle, a Good Person Is Virtuous by

question 145

Multiple Choice

For Aristotle, a good person is virtuous by

• A) Following the rules of right action.
• B) Embodying excellence in human character.
• C) Maximizing the good for the greatest number of people.
• D) Adhering to the Categorical Imperative.

Recognize the impact of economic behaviors and conditions on discretionary income.

Identify spending habits and how they are influenced by changes in income and economic conditions.

Describe the factors that contribute to changes in consumer spending and saving.

Explain the concept of disposable income and how it differs from discretionary income.

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Definitions:

Satisfying Needs

The process of fulfilling basic and psychological desires or requirements of individuals or communities.

Consumer Behaviour

Researching the behaviors of individuals, groups, or corporations in how they identify, secure, use, and eliminate offerings such as products, services, experiences, or ideas to address their necessities, and examining the impact of these behaviors on consumers and societal structures.

Purchase

The process of purchasing products or services.

Dispose

The act of getting rid of something, typically something that is no longer useful or desired.