ECONOMICS
DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rights
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Privilege
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Justice
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Utilitarianism
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Detailed explanation-1: -Utilitarianism holds that the most ethical choice is the one that will produce the greatest good for the greatest number. As such, it is the only moral framework that can justify military force or war.
Detailed explanation-2: -Definition of Utilitarianism Utilitarianism, at its most basic, states that something is moral, or good when it produces the greatest amount of good for the greatest number of people. It’s a theory of normative ethics that asks whether a specific action is good or bad, moral or immoral.
Detailed explanation-3: -Act utilitarianism maintains that an action is right if it maximizes utility; rule utilitarianism maintains that an action is right if it conforms to a rule that maximizes utility.
Detailed explanation-4: -’ In the utilitarian approach, moral judgment is based on in the consequences of our actions: what is good is what results in the best outcome for the greatest number of people.
Detailed explanation-5: -John Stuart Mill, a nineteenth century British philosopher, was the most important defender of utilitarianism. Utilitarianism says that the basic moral principle is that we ought to do whatever promotes the greatest happiness of the greatest number. Mill equated happiness with pleasure.