According to an Ethic of Justice, the First Stage of Moral

question 9

Multiple Choice

According to an ethic of justice, the first stage of moral development is

• A) Self-focused.
• B) Preconventional.
• C) Conventional.
• D) Reflective understanding.

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Definitions:

Adam Smith

An 18th-century economist known for his writings on classical economics, including the concept of the division of labor and the benefits of free markets.

Absolute Advantage

The ability of a country, individual, company, or region to produce a good or service at a lower cost per unit than competitors using the same amount of resources.

Comparative Advantage

An economic theory that suggests a country should produce and export goods in which it has a lower opportunity cost than other countries.