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Value theory, also known as axiology and theory of values, is the systematic study of values.As the branch of philosophy examining which things are good and what it means for something to be good, it distinguishes different types of values and explores how they can be measured and compared.
Social status is the relative level of social value a person is considered to possess. [ 1 ] [ 2 ] Such social value includes respect, honor , assumed competence, and deference. [ 3 ] On one hand, social scientists view status as a "reward" for group members who treat others well and take initiative. [ 4 ]
In social science, agency is the capacity of individuals to have the power and resources to fulfill their potential. Social structure consists of those factors of influence (such as social class, religion, gender, ethnicity, ability, customs, etc.) that determine or limit agents and their decisions. [1]
Agency is the capacity of an actor to act in a given environment. It is independent of the moral dimension, which is called moral agency. In sociology, an agent is an individual engaging with the social structure. Notably, though, the primacy of social structure vs. individual capacity with
The time value of money is the idea that receiving a given amount of money today is more valuable than receiving the same amount in the future due to its potential earning capacity.
Marx explained his belief that, in such a society, each person would be motivated to work for the good of society despite the absence of a social mechanism compelling them to work, because work would have become a pleasurable and creative activity. Marx intended the initial part of his slogan, "from each according to his ability" to suggest not ...
An intellectual pursuit is something akin to the pursuit of knowledge — it’s a learning process that can improve intelligence, build your capacity for better reasoning, sharpen your skills ...
Moral intelligence is the capacity to understand right from wrong and to behave based on the value that is believed to be right. [38] It is considered a distinct form of intelligence, independent to both emotional and cognitive intelligence. [39]