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An ethical economic system prioritizes fairness, justice, and the well-being of all stakeholders, including individuals, communities, and the environment. It seeks to balance profit-making with social responsibility, ensuring that economic activities do not exploit resources or people. Such systems often promote transparency, equitable distribution of wealth, and sustainable practices, fostering a more inclusive economy that serves the greater good. Ultimately, an ethical economic system aims to create a harmonious relationship between economic growth and ethical considerations.
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Who challenged the assumption that ethical behavior comes at the expense of economic efficiency?
who challenged the assumption that ethical behavior comes at the expense of economic efficiency
What has the author Eduard Pestel written?
Eduard Pestel has written: 'Beyond the Limits to growth' -- subject(s): Economic development, Economic history, Economic policy, Moral and ethical aspects, Moral and ethical aspects of Economic development, Moral and ethical aspects of Economic policy, Social history 'Grundlagen der Regelungstechnik' -- subject(s): Automatic control
What are the different economic system?
traditional economic system command economic system market economic system
Corporate social responsibility consists of which four kinds of responsibilities?
Corporate social responsibility (CSR) consists of which four kinds of responsibilities: a) Economic, ethical, societal, and altruistic b) Economic, legal, ethical, and altruistic c) Fiscal, legal, societal, and philanthropic d) Economic, legal, ethical, and philanthropic
What are the Types of social responsibility?
Economic Legal Ethical Discretionary
Ethical practices in Management Information System?
discuss in detail the ethical practices in Management Information System?
What are the three different economic system?
traditional economic system command economic system market economic system
What has the author Robbie Ekema written?
Robbie Ekema has written: 'The right to development' -- subject- s -: Economic development, Economic policy, Human rights, Moral and ethical aspects, Moral and ethical aspects of Economic development, Right of property
What are the four dimensions of social responsibility?
economic, legal, ethical and philanthropic.
What are the levels on which ethical decision occurs?
Ethical decision occur on the following levels:IndividualOrganizationalBusiness system
What are the three parts of the ethical pyramid?
Moral Judgement, Moral rules and Ethical system
What are three main economics for economic system?
There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .
