Ethical Theories and Moral Standards Are Derived From

question 37

Multiple Choice

Ethical theories and moral standards are derived from:

• A) law.
• B) religion.
• C) values.
• D) codes.

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Definitions:

Income Inequality

The unequal distribution of income and wealth across individuals or groups within a society, often measured using tools like the Gini coefficient.

Monopoly Power

The ability of a monopoly (a single seller in the market) to control market prices for its product or service, often resulting in higher prices and lower output than in competitive markets.

Public Education

Public education refers to the schooling system that is financed and operated by government agencies to provide free education to all students.

Wealth Distribution

The manner in which wealth is shared among the members of a community or society.