Adam Smith Believed That People Are Guided by

question 169

Multiple Choice

Adam Smith believed that people are guided by

• A)the principle "let your conscience be your guide."
• B)greed.
• C)the public good.
• D)an innate sense of fairness.

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Definitions:

Cultures

The characteristic features of everyday existence shared by people in a place or time, including beliefs, behaviors, and social norms.

High-context Culture

Cultures where communication relies heavily on implicit messages and contextual cues rather than explicit words.

Low-context Culture

Cultures where communication is explicit, messages are direct, and understanding does not heavily rely on contextual cues or shared background.

Example

A specific case or instance used to illustrate a concept, principle, or process.