What Is Meant by (1)ethical Universalism and (2)integrated Social Contracts

question 51

Essay

What is meant by (1)ethical universalism and (2)integrated social contracts theory? Which of these two schools of thought do you believe is most inclusive? Explain the reasons for your answer.

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Definitions:

Capital

Economic resources that are used to produce goods and services, including buildings, machinery, tools, and equipment.

Labor

The human effort, including both physical and mental, used in the production of goods and services.

Coffee Machines

Devices designed for brewing coffee, which can vary widely in their functionality, size, and brewing capacity.

Employees

Individuals who work for a business or organization and receive compensation for their labor, often guided by a contract of employment.