Socrates Noted That People Want and Rely on Experts in Most

question 29

Short Answer

Socrates noted that people want and rely on experts in most aspects of their lives. For instance, most people hire trained plumbers, auto mechanics, financial advisors, and medical doctors. Why should politics, a subject that involves trillions of dollars, the public welfare, and issues of war and peace, be left to a majority of whoever shows up on Election Day? Why not rely on experts in areas of politics and governance?

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Definitions:

Absolute Advantage

A condition in which a country, individual, or company can produce a good or service at a lower cost per unit than other competitors.

Domestic Advantage

The benefit or edge that a country or company holds over others in the domestic market, often due to localization, resources, or specialization.

Multinational Strategy

A plan, used by international companies that involves customizing products, promotion, and distribution according to cultural, technological, regional, and national differences.