Market justice would be associated most closely with which idea: welfare benefit
ID: 2475667 • Letter: M
Question
Market justice would be associated most closely with which idea: welfare benefits; invisible hand; work ethic; worker controlled socialism One of the consequences of the increasing number of service jobs, say the critics is: decrease in technological innovation; increased cost of doing business; increased trade deficit; it will lead to worker-controlled capitalism Herman Daly proposes that: Globalization is a desirable state of affairs; a federation of national communities is outmoded; corporate competiveness on a global scale Globalization as described by Daly increases the range of jobs available to us; in global trade intellectual property is increasingly shared in a beneficial way; corporations end up with monopoly ownership of many patents; globalization enables corporations to internalize costs The short-term focus of corporations tends to: lead to increased capital spending; lead to decreased capital spending; reduces the temptation to engage in fraudulent behavior; lead to increased accountability The creation of the World Trade Organization tends to: affirm national borders; serve the interests of member nations; erase national borders; make the World Bank responsive to the needs of the poor Mercantile capitalism: wants to restrict imports; wants to increase imports; wants to decrease bullion holdings in the interest of increasing capital in the form of currency; measures profits in terms of goods and land After the financial crash of 2008, governments tried to stabilize financial markets by: increasing interest rates; lowering interest rates; aiding those who lost their homes; leaving interest rates alone Which of the following philosophical positions would Herman Daly most likely agree with: utilitarianism; egoism; Rawlsianism; libertarianism Doing a cost-benefit analysis is most like which of the following: Kanta's hypothetical imperative; nonconsequentialst ethics; utilitarian thinking; a supererogatory actionExplanation / Answer
1)B) Invisible Hand
Explanation:
Actually, this idea is derived from political economist named as Adam Smith, Adam idea was about Capitalist society means individual or owner of the company decided to allocating the resources and making the product to all needed customer without interruption.
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2) D)It will lead worker controlled Capitalism
Explanation:
Service sector it depends about the knowledge and skill of a employee, it never think about profit, Service sector controlling Capitalism, because most of the manufacturer owns service for providing best customer service to make their customer happy and exist.
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3) B)A federation of national of national community is outmoded
Explanation:
Herman daly was a ecological economic he respected social value better than domestic moentary value.
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7) A) Wants to restrict the Imports
Explanation:
It is one of the mercantile capitalism principles is slow down imports at the same time increase the exports to increase the foreign trade.
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