Economic ethics

Economic ethics refers to the principles that govern the moral values and social norms guiding economic behaviors and decisions. It involves examining how actions in business, finance, and trade impact society and the environment. Questions often include fairness, justice, and the responsibilities of individuals and corporations. Economic ethics encourages practices that promote welfare, equity, and sustainability, urging businesses to consider not just profit but also their effect on stakeholders, communities, and the planet. Essentially, it seeks to balance economic growth with ethical considerations to create a more just and responsible economic system.