It is an “institutionalized system of beliefs and values shared by the group and grounded in faith and the worship of a supreme transcendent being.”

For Lawrence Kohlberg, fear of punishment and expectations of reward are the main motives in the pre-conventional moral stage.

A kind of morality is created by a group of people, thus moral right or wrong is relative to a particular group of people or culture, and moral norms are binding only for those who belong to that group or culture.

At the Conventional stage level, Kohlberg argues that a person has social awareness and a sense of responsibility towards others because:

The following are acceptable grounds for SELF-DEFENSE CASE, except:

If the labor force participation rate is 70% and the labor force is 140 million, then the total population is 200 million.

During a contraction phase, economic activity decreases, leading to lower GDP and higher unemployment.

Economics is all about Banking and Money. 

We live on a finite planet. 

Calculation Example: If there are 5,000 unemployed people and a labor force of 50,000, what is the unemployment rate? a) 10% b) 5% c) 15% d) 20%