Which of the Following Philosophies Can Be Traced Back to the Ancient

question 58

Multiple Choice

Which of the following philosophies can be traced back to the ancient Greek philosopher Aristotle?

• A) Socialism
• B) Individualism
• C) Collectivism
• D) Anarchism

---

Definitions:

Bread

A staple food made from dough of flour and water, usually by baking, and a common component of many diets worldwide.

Donuts

A type of fried dough confection or dessert food, often circular, with a hole in the center and various toppings or fillings.

Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in its price, income levels, or other factors.

Deadweight Loss

The loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved.