A group of investors in a retirement fund removed their money from the fund when they learned the fund manager had invested in a gambling casino. The investors' religious beliefs lead them to believe in the fundamental evil of all forms of gambling. These investors were engaging in:

Answer :

The investors who removed their funds of a retirement fund when the fund manager started to gamble the money in casino were involved in following social paternalism.

What is paternalism?

A form of activity where an individual or a group of individuals restricts their autonomy for the purpose of personal benefits due to holding of such superior position is known as paternalism.

Hence, the significance of paternalism is given above.

Learn more about paternalism here:

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