Examlex
The portion of a country's overall assets that is directly related to the environment, such as forests and soil quality, is known as
Ethical Theories
Philosophical frameworks designed to guide decision-making by proposing various principles and values for distinguishing right from wrong.
Utilitarian Theory
A moral philosophy that emphasizes the greatest happiness for the greatest number, often used in decision-making processes.
Societal Utility
The degree to which something meets the needs and contributes to the well-being or benefit of society.
Means of Production
The physical and non-physical inputs used in the production of goods and services, such as factories, machinery, and labor.
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