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Gouging And Virtue

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There is always a debate when it comes to price gouging and virtue because it can cause many problems/dilemma in our society. Price gouging occurs when goods and services are being charged more than the normal amount, which happens in a natural disaster. An example that was mentioned in the book was that in the aftermath of Hurricane Charley, generators that go for $250 were now raised to $2000 (Sandel, 2009, p. 3). The concept of virtue is what society wants to encourage in a community such as good traits or qualities of character which are accepted. (Sandel, 2009, p. 7). According to Sandel, virtue is a principle which is used as a decision making to determine what’s right and wrong in a society. The concept of virtue applies to price gouging

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