Examlex
Provide examples of three kinds of government policies that can help increase the accumulation of knowledge capital and explain why government policies are often necessary to encourage the accumulation of knowledge capital.
Utilitarianism
An ethical theory suggesting that the best action is the one that maximizes utility, generally defined as that which produces the greatest well-being of the greatest number of people.
Personal Moral Philosophy
An individual's set of beliefs, values, and principles that guide their understanding of right and wrong and influence their behavior.
Hedonism
A philosophical theory that pleasure or happiness is the highest good and proper aim of human life.
Existentialism
A philosophical theory or approach emphasizing individual freedom, choice, and subjectivity.
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