Milton Friedman's perspective is that the only responsibility of a business is to
A) provide social benefit for the messes.
B) give jobs to the hard workers.
C) pay taxes to keep the government operating.
D) make money for its owners.

Question

Quizplus · Accepted Answer

Milton Friedman believed that the only social responsibility of a business is to increase profits for its shareholders. He argued that the pursuit of profit would ultimately lead to the greatest social benefit because it would create jobs, stimulate economic growth, and provide goods and services that consumers want and need. Therefore, the best choice is D, as it reflects Friedman's perspective on the responsibility of businesses.

Milton Friedman's Perspective Is That the Only Responsibility of a Business