The Ethical System Known as Egoism Is Similar to Adam

question 21

True/False

The ethical system known as egoism is similar to Adam Smith's concept of the invisible hand in business.

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Definitions:

Impartial

Not biased, fair; treating or affecting all equally.

Morality of Authority

The concept that moral correctness stems from the authority of the setting, institution, or individual making the judgment.

Moral Development

The process by which individuals acquire and understand the distinctions between right and wrong, influencing ethical behavior.

Rawls

A philosopher known for his theory of justice which emphasizes fairness and equality in the distribution of goods and opportunities.