Question

Since businesses strive to earn a profit, their owners benefit at the expense of the rest of society.

A) True
B) False

Answer 1

Businesses strive to earn a profit, but it does not necessarily mean that their owners benefit at the expense of the rest of society. In fact, when businesses are successful in earning profits, it can have positive effects on society as a whole.

Step-by-step explanation:

Businesses strive to earn a profit, but it does not necessarily mean that their owners benefit at the expense of the rest of society. In fact, when businesses are successful in earning profits, it can have positive effects on society as a whole.

For example, when businesses offer better or less expensive products, it benefits consumers by providing them with more choices and potentially saving them money. Additionally, when businesses increase their profits, they may be able to invest in research and development, create more job opportunities, and contribute to economic growth.

While it is true that some businesses may prioritize their own interests, it is not accurate to say that they benefit at the expense of society. The relationship between businesses and society is complex, and it is important to consider both the positive and negative impacts that businesses can have.