Final answer:
Endorsing the belief that there is no one correct way to raise a child is tied to the principle of ethical relativism or parenting pluralism.
Step-by-step explanation:
If we say that there is no one right way to raise a child, we are endorsing the principle of ethical relativism or parenting pluralism. This concept recognizes that different cultures, families, and environments foster diverse approaches to child-rearing, and that a variety of methods can be effective. Ideas such as 'accomplishment of natural growth' compared to more structured and active skill development, or giving a child more independence versus following authoritarian or permissive parenting styles, illustrate this variety.
Societal and personal values deeply influence these methods. Likewise, recognizing that every family has different circumstances that shape their parenting approaches supports the idea that parenting cannot be prescribed by a 'one size fits all' concept. This plurality of parenting methods aligns with the broader idea that individuals and cultures shape their moral values and practices based on unique experiences and societal dynamics.