English

Explain the following term/concept. Concept of Trusteeship

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Question

Explain the following term/concept.

Concept of Trusteeship

Explain
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Solution

Trusteeship is a socioeconomic philosophy that was propounded by Mahatma Gandhi. It provides a means by which the wealthy people would be the trustees of trusts that looked after the welfare of the people in general. Businessmen are considered to be trustees of society.

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Chapter 6: Social Responsibilities of Business - EXERCISE [Page 130]

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Balbharati Organisation of Commerce and Management (OCM) [English] Standard 12 Maharashtra State Board
Chapter 6 Social Responsibilities of Business
EXERCISE | Q 2. 2) | Page 130

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