Robert Owen's Textile Factory at New Lanark Was a Model

question 16

Multiple Choice

Robert Owen's textile factory at New Lanark was a model of

• A) capitalist competition
• B) liberal economics
• C) mercantilism
• D) socialism

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Definitions:

Corporate Social Responsibility

The concept that businesses should be accountable for their impact on society and the environment, going beyond profit-making to ethical, social, and ecological concerns.

Mary Parker Follett

An early 20th-century social worker and management consultant who emphasized the importance of human relations and collaborative management in organizations.

Maslow

A theory of human motivation that suggests people are motivated by a hierarchy of needs, starting from basic physiological needs to self-actualization.

Self-Actualized

Pertaining to the state of having achieved one's full potential, often associated with realizing personal talents and capabilities.