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Explain the relationship between the minimum wage and the unemployment rate for teenagers.
Objective Standards
Criteria established by facts or law to make judgments based on unbiased benchmarks or guidelines rather than personal feelings or opinions.
Act Utilitarianism
A form of utilitarianism that evaluates the morality of actions based on the amount of happiness they produce in the outcome.
Ethical Theory
Philosophical thinking about morality, encompassing principles and guidelines that dictate what is right and wrong behavior.
Ethical Relativism
The theory that moral values and judgments are ultimately dependent on the cultural, societal, or personal context.
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