EDUCATION (CBSE/UGC NET)

EDUCATION UGC NET

EDUCATIONAL PHILOSOPHY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The ultimate good includes
A
Intrinsic value
B
Extrinsic value
C
Instrumental value
D
None of these
Explanation: 

Detailed explanation-1: -In options trading, intrinsic value is the difference between the current price of an asset and the strike price of the option. When an asset’s market price is below its intrinsic value, it may be a smart investment.

Detailed explanation-2: -Intrinsic value is also called the real value and may or may not be the same as the current market value. It is also referred to as the price a rational investor is willing to pay for an investment, given its level of risk.

Detailed explanation-3: -To say that something is intrinsically good is to say that it is good in virtue of what it is – in virtue of its own intrinsic nature; while to say that something is extrinsically good is to say that it is good in virtue of the relations in which it stands to things outside of itself.

Detailed explanation-4: -The one thing that has intrinsic value, for Kant, is the autonomous good will of a person. That said, Kant does not understand the expression “good will” in the everyday sense. In everyday discourse we might speak of someone being a person of good will if they want to do good things.

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