Do ethical norms help in the economic and social development of a country

Yes, ethical norms can help in the economic and social development of a country. Ethical norms create an environment of trust and cooperation which can lead to increased economic activity and improved social outcomes. Ethical norms can also encourage innovation and creativity, which can be beneficial for economic growth. Additionally, ethical norms can help to reduce corruption and ensure that resources are distributed more equitably, which can help to reduce poverty and inequality. Finally, ethical norms can help to create a more stable political environment, which can be beneficial for economic and social development.