AP PSYCHOLOGY

Detailed explanation-1: -For Aristotle, generosity and magnificence are products of inherited wealth, and the generous and the magnifi-cent person seek the noble in their actions rather than the benefit of their recipients. The generous and the magnificent intend to place themselves in a superior position to those who receive their gifts.

Detailed explanation-2: -The generous person, for Aristotle, is one who gives of his or her wealth in a way that achieves a mean between wastefulness and covetousness. The generous person does not give indiscriminately, but seeks to give in a way that is good and fine.

Detailed explanation-3: -Aristotle divides virtues into two types: moral virtues and intellectual virtues. It is the moral virtues that we are interested in here as they are the foundation of a good life. Aristotle thought that in the sphere of action, moral virtues sit between two opposing vices.

Detailed explanation-4: -Generosity or liberality is the mean in matters pertaining to material goods (i.e. money and everything whose value is measured in money). The two extremes related to it are extravagance or prodigality and stinginess. All are concerned with giving and taking, although to different degrees.

Detailed explanation-5: -Generosity is the virtue of being liberal in giving. Generosity is giving to another person something of yours as an act of freewill, without obligation. Generosity requires an awareness of your own freedom-I choose to give this gift-and the decision to make good use of that freedom-I choose to do good.