10 Questions
According to Entitlement theory, when are people entitled to their holdings?
As long as they have acquired it fairly
True or False: Bentham and Mill equated pleasure with happiness and believed that pleasure was the ultimate value.
True
What is the main characteristic of non-consequentialist theories?
Known as deontological theories
What is the main characteristic of an optimal moral code?
It focuses on rights and liberties
What does the veil of ignorance aim to eliminate?
Bias
What does declining marginal utility of money imply?
Each addition to income brings less happiness over time
Which theory asserts that all actions are selfishly motivated and truly unselfish actions are impossible?
Psychological egoism
According to consequentialist moral theories, what determines the rightness or wrongness of an action?
The action's results or consequences
What do normative theories aim to do?
Propose principles to distinguish right from wrong actions
What does libertarianism consider as the prime value of justice?
Ideal of liberty
Test your knowledge on ethical theories such as non-consequentialist theories, entitlement theory, Adam Smith's view on business practices, and the veil of ignorance. Explore different perspectives on what determines right and wrong.
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