What Explanation of Social Inequality Did Aristotle Offer

question 60

Multiple Choice

What explanation of social inequality did Aristotle offer?

• A) Inequality reflects natural differences in people's abilities.
• B) Inequality is a consequence of the exploitation of the powerless by the powerful.
• C) Inequality is a motivation for people who have less to work harder.
• D) Inequality is the result of rewarding jobs that are more important to society more than ones that are less important.

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Definitions:

Capital Structure

The mix of debt and equity financing used by a firm to finance its operations and growth.

Business Risk

The exposure a company or investor has due to uncertainties in the operating environment, including market demand, supply costs, and competition.

Financial Risk

The probability of loss inherent in financial operations, such as changes in market prices, interest rates, or credit quality.

Break Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain from business activities.