Similarities of Ethics and Economics

1. First similarity is that they have both become an essential part of our
community. Ethics as an important standard of a society for it to
function well and economics as the study of the flow of production
and distribution of goods, money and services. Without these two,
there is no organization and immoral acts will be normalized.
2. They are both factors that affect a major country’s decision making
process, wherein economics studies the system of exchange of goods
and services while ethics are considered in every decision making
process for the good of the people in the society.