Ethics are the standards of right and wrong set for us by society, whereas legality refers to
<u> "the minimum protection a society enacts toward behavior that is harmful to many".</u>
Ethics and laws and firmly related since laws speak to least ethical practices of individuals; yet they are particular from numerous perspectives. Ethics gives individuals rules on the most proficient method to conduct to make a tranquil society; however laws help out limitations through discipline. Once in a while ethics and laws don't really have any cover, however these two consolidated characterize how individuals should conduct in the general public.
Answer: Firms are primarily sellers in the goods and services market and buyers in the labor market.
Explanation: The goods and services are dispensed by the firms in order to make the potential customers pay the fixed prices and buy them. This activity of the firms categorizes them as 'sellers' in the goods and services market. On the other hand, in the labor market, the firms pay a fixed price for the labor to carry out the activities of manufacturing and selling. Hence, in the labor market, firms are categorized as 'buyers'.
Answer:
Concern over the ethics of a person an action
Explanation:
Ethics:
Ethics is related to the morality to take the concern of a person for conducting any research, a psychotherapist takes the concern of a patient during conducting a psychotherapy session. This is applied for any moral value or a system. The two topic ethics and morality are related to each other. Now it is called the moral principle or moral judgment. This is the principle of the extension of the, meaning. Although ethics is the branch of philosophy these have been used in another stream. It is also called a normative theory in which there are some rules and regulations that have been applied for principle for a practical problem.
Understanding social concepts and continuously expanding our knowledge helps us understand why people behave the way they do, and why the society operates the way it does.
social concepts helps us understand how the society functions.understanding how the society functions; as a function of various dynamic units and factors is important as it can help us to understand why people behave the way they do, and how this affect the various structures of societies as well as the future.
