Answer:
c. incentives
Explanation:
Adam Ferguson and John Millar are two great social philosopher who work on the development of the civic society. They have made large contributions to the area of sociology. According to them, industry and private property is a new phase in the development of human economy. Millar believed that economic progress of society will begin on the establishment of the private properties which will result in social organization and incentives in terms of high standard of living, well being of the society and employment.
Hence the correct answer is --
c. incentives
Answer:
Robert Nozick entitlement theory is a theory of justice.
Explanation:
According to Nozick, the important part is how people got what they have. The result of the distribution of goods is not essential.The three basic principles of Nozick 's theory are:-
1. A 'principle of justice' in 'acquisition':- According to this, this is justification of how people own the common property.
2. A 'principle of justice' in 'transfer':- In this principle it is explained how one can acquire assets from another including gifts .
3. A 'principle of rectification' of 'injustice':- This principle explains that if there are any assets that are acquired unfairly, how can victim request for justice, how can it be rectified.
These principles are closely aligned with 'libertarian theory'.
Goods that are considered to be needs tend to be inelastic when the price changes.
<span>This is the functionalist theory of aging. It is similar to traditional structural-functionalism of sociological theory. In such, having a function that a person or object can accomplish increases the utility and worth of the object (or person, in this case). This increase in utility increases the satisfaction, as well.</span>