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Who Is Noted for Making the Following Statement,"There Is One

question 78

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Who is noted for making the following statement,"There is one and only one social responsibility of business-to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game,which is to say that it engages in open and free competition without deception of fraud."?


Definitions:

Freedom of the Press

The right of media to publish content without censorship or restraint by the government.

Rationalism

A philosophical belief that reason is the chief source of knowledge, emphasizing logic and factual analysis.

Great Awakening

A series of religious revivals in the British American colonies during the 18th century, which emphasized personal faith, emotional experience, and the need for revival of religious devotion.

New Lights

A term from the First Great Awakening referring to those who experienced a conversion experience and supported new religious practices, distinguishing them from "Old Lights" who were skeptical of the new revivalist methods.

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