UNIT 3.2 Flashcards
Capital should be prioritized over Labor as much as income should be concentrated in the hands of the capitalist since they have the know-hows of the business and industry.
statement is FALSE/deviates from the Social Teachings of the Church.
Economic development doesn’t need to have a corresponding social development
statement is FALSE/deviates from the Social Teachings of the Church.
Capitalism suppresses unrestricted exercise of individual goals and desires.
statement is FALSE/deviates from the Social Teachings of the Church
Economic dictators are those whose decisions have wide implications in the socio-economic system which somehow causes imbalances of power
statement is TRUE/concurs with the Social teachings of the Church
Collectivism holds that society as a whole has more meaning or value than separate individuals that make up the society
statement is TRUE/concurs with the Social teachings of the Church
Even when it does not improve our condition and status in life, a wage is a just wage, and moreover, a living wage.
statement is FALSE/deviates from the Social Teachings of the Church
Government authorities should be reminded that their mandate comes from the people, and they would have to responsibly carry out the common good
statement is TRUE/concurs with the Social teachings of the Church
Greater productivity means lesser price for consumers.
statement is TRUE/concurs with the Social teachings of the Church
Structured by rights and duties, Society must be founded on the principle that every human person has freedom and intelligence
statement is TRUE/concurs with the Social teachings of the Church
. Socialism causes the gap between rich & poor, the uneven distribution of wealth and increasing isolation among the people especially the poor
statement is FALSE/deviates from the Social Teachings of the Church
Competition in the market cannot guarantee high quality products and lower price
statement is FALSE/deviates from the Social Teachings of the Church
The principle of separation between the Church and State is established to prevent the church from her undue intervention on the state/secular affairs
statement is FALSE/deviates from the Social Teachings of the Church
A Papal Bull is the highest form of the Pope’s communication, for being a decree, it is legally binding
statement is FALSE/deviates from the Social Teachings of the Church
The Church has the right to speak out, make a stand and take action only when the issue or matter at hand affects religion and morality as they affect moral issues and social issues.
statement is TRUE/concurs with the Social teachings of the Church
When Rerum Novarum was released, the succeeding encyclicals written with the same social concern are referred to as “social doctrines.”
statement is FALSE/deviates from the Social Teachings of the Church
The Living Wage refers to the wage that is being stipulated in the existing law of the land and has been agreed upon between the employer and the employee
statement is FALSE/deviates from the Social Teachings of the Church
The state authorities have the duty to see to it that those who cannot anymore take care of themselves be taken cared of.
the statement is TRUE/concurs with the Social teachings of the Church
Private ownership is an absolute right in as much your property is the fruit of your diligence and hard work
statement is FALSE/deviates from the Social Teachings of the Church
The method of going for strike is recognized by Catholic social teaching as legitimate in all conditions.
statement is FALSE/deviates from the Social Teachings of the Church
The value of work should be measured by the same standard and not according to the difference in nationality, religion or race
statement is TRUE/concurs with the Social teachings of the Church
The Fresco about Jesus’ ire on the money lenders imparts the message that pursuit of business is congruent with a good spiritual life
false
. Luka Facioli’s book on accounting “Summa Arithmetica “ implies that dealing well with money is a kind of science that can be learned through patience, reason and hardwork
True
John Calvin emphasizes in his instructions the Catholic Virtues of self denial, hard work, patience, honesty and duty
False
According to John Calvin, being good at business makes one more pleasing at the sight of God than being an aristocratic warrior or a monk
True
As suggested by Charles Dickens, everyone should ought to live peacefully in their homes and run a business
False
According to Charles Dickens, slavery is inefficient and that more money can be made by treating the workers legally and humanely.
False
. According to Paul Adam Smith, in socialism, each having his/her own assignment, make it work like an invisible hand.
False
. Charles Dickens book, “hard times” is aimed at heartless capitalists who abuse their workers and exploit children and nature as they are blinded by their capitalist reasoning
True
According to Karl Marx, capitalism is evil because it is abusive and think that its ok to employ a child in a factory and for people to starve when the rich end their working lives
False
. Charles Dickens book, “hard times” imparts the message that money shouldn’t only be made morally but also should be spent morally on truly noble beautiful things that human needs
False
Capitalism is good in providing man with life’s little luxuries like the realization from the incident in 1976 East Germany when there was a massive riot because of unavailability of coffee.
True
Socialism is also good by virtue of its capability of providing the people with basic and essential goods manifested from the incident in 1989 at Edeka shop at Hamburg where the East Germans were astonished by the contents of shops and grocery store
False
As displayed from the incident in 1989 at Edeka shop at Hamburg where the East Germans crossed the borders and marvel at the shops and grocery stores there, they realized that they can no longer be satisfied with just philosophy, athletics, sauerkraut, tv programs about farming.
True
Capitalism’s downside consists in their insensitivity and indifference to the suffering of workers
True
