The Maximin Principle Is About

question 60

Multiple Choice

The maximin principle is about:

• A) minimizing the income spread between the middle class and the rich.
• B) maximizing the benefits to the most disadvantaged group in society.
• C) maximizing the income of the most productive group in society to encourage spillover benefits to the least advantaged group.
• D) equalizing income across society.

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Definitions:

Administrative Agencies

Government bodies responsible for implementing and administering specific legislation.

Society

A complex system of individuals and groups interacting under a shared environment, governed by culture and institutions.

Individual

Pertains to a single person distinguished from a group or society, focusing on unique characteristics and agency.

Self-correcting

Having the capability or tendency to correct oneself without external intervention.