Match each of the terms on the left with its definition on the right. Click on the term first and then click on the matching definition. As you match them correctly they will move to the bottom of the activity.
positive economics normative economics Rawls’s maximin principle utilitarianism Nozick’s entitlement theory of justice | Theory that says that the distribution of income in a society is just if property is justly acquired and voluntarily exchanged. Describing, explaining, or predicting economic events. The idea that the best society maximizes the sum of utility. Is recommendations or arguments about what economic policy should be.. Principle that justice requires maximizing the benefits going to society’s most disadvantaged group. |