What Did British Philosopher,Thomas Hobbes,mean by the Term State of Nature

question 26

Multiple Choice

What did British philosopher,Thomas Hobbes,mean by the term state of nature?

• A) Hobbes was referring to his belief that all people were basically good.
• B) Hobbes was referring to his belief that the laws of nature gave kings the right to rule by divine right.
• C) Hobbes was referring to the lack of organization among people who have no government.
• D) Hobbes was referring to a world in which people lived in harmony with other living creatures, conserved natural resources, and respected the environment.
• E) Hobbes was referring to his belief that a society without government was the best society because it was how the "state of nature" intended things to be.

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Definitions:

Net Operating Income

The income a company makes from its main business activities before subtracting any costs for interest and taxes.

Fixed Manufacturing Overhead

The portion of manufacturing overhead costs that remains constant irrespective of the level of production, such as salaries of supervisors and rent for the factory building.

Variable Costing

A costing method that includes only variable production costs (costs that vary with output) in the cost of goods sold and excludes fixed overhead costs.

Variable Costing

A costing method that includes only variable production costs (materials, labor, and variable manufacturing overhead) in product costs, excluding fixed overhead.