Explanation: social responsibility means keeping the equibrum between the two. It's based on the ethical background stating that a community, firm or individual should conduct themselves or their activities in a way that will be useful, benefita and lead to societial growth. Firm create goods and services and the economic model of social responsibility believes on the view that a fa Society will have to full benefits if firms are given free hand to produce the necessary goods and services needed. Social economic view on social responsibility believes on societial gro the and welfare generally first before profit making.
The economic model of social responsibility involves firm and community's interest converging on the same page. The society will benefit more the firm produces products needed by the society. The major idea behind economic model of social responsibility involves mutual cooperation to reach higher goals and a liberty to the firm for profitable market products.
Anarchy, in politics refers to a state that is under no supervision of any authority hence they enforce their own rules without any authority power over them. This means there are no government rules or laws that govern people. It is a political system that is against authoritarian and rejects any Hierarchy but follows self maintained and self governed society.
