The market ethic holds that if an action in the market furthers financial self-interest, then it is ethical.

Question

Quizplus · Accepted Answer

The statement accurately describes the market ethic, which is a perspective that prioritizes individual financial gain as the primary measure of ethical behavior in the market. However, it is worth noting that not everyone agrees with this ethical framework, and many argue that it can lead to socially harmful practices and inequitable outcomes.

The Market Ethic Holds That If an Action in the Market