According to Milton Friedman,the Social Purpose of a Business Is

question 54

True/False

According to Milton Friedman,the social purpose of a business is to make profit.

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Definitions:

Social Roles

The parts individuals play as members of a social group, which come with expected behaviors, responsibilities, and rights.

Depression

A mental condition marked by perpetual feelings of despair or a diminished interest in activities, critically impairing everyday living.

Cultures

The shared values, norms, languages, customs, and practices that characterize groups of people.

Twin Studies

Research studies that compare the similarity between monozygotic (identical) and dizygotic (fraternal) twins to understand genetic and environmental influences.