What is a work ethic?

a period of macroeconomic expansion followed by a period of contraction

a commitment to the value of work and purposeful activity

the study of the behavior and decision making of different economic systems

the study of the economic behavior and decision making of small units, such as individuals, families, and businesses

1 answer

A work ethic is defined as a commitment to the value of work and purposeful activity. It reflects the belief in the importance of hard work, diligence, and responsibility towards one's tasks and roles.