Ethics are key to the success of economic systems.

Question

Quizplus · Accepted Answer

Ethics provide the principles and values that guide economic decision-making, promote fairness and trust, and ensure the sustainability of economic systems. Without ethics, economic systems are prone to corruption, inequality, and inefficiency, which undermines their effectiveness and legitimacy. Therefore, promoting ethical behavior and accountability is essential to foster economic growth, social welfare, and environmental stewardship.

Ethics Are Key to the Success of Economic Systems