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SCL1501 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 (807873 ) - DUE 28 March 2025

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SCL1501 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 (807873 ) - DUE 28 March 2025










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March 12, 2025
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Written in
2024/2025
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, SCL1501 Assignment 1 (COMPLETE ANSWERS)
Semester 1 2025 (807873 ) - DUE 28 March 2025;
100% TRUSTED Complete, trusted solutions and
explanations.
QUESTION 1

a) Refer to Learning Unit 1 and explain the notion of
“social contract.” (4)
b) What is “banking education”? Further indicate why,
in terms thereof, “the student is reduced to the level of
an unthinking object with no views, values or capacity to
engage with the facts”.
(4)
QUESTION 1
a) The Notion of “Social Contract” (4)
The social contract is a theoretical concept in
political philosophy that explains the legitimacy of
governmental authority over individuals. It
suggests that individuals collectively agree to form
a society and establish a government to maintain
order, security, and the protection of rights. This
agreement implies that people consent to surrender
some freedoms in exchange for societal benefits
such as law, justice, and security.

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