Jeremy Bentham founded the idea of consequentialist ethical theories designed to promote actions that maximize happiness and well-being. True or False?

The statement about Jeremy Bentham founding the idea of consequentialist ethical theories designed to promote actions that maximize happiness and well-being is accurate. Bentham is known for developing the ethical theory of utilitarianism, which is a form of consequentialism. Utilitarianism asserts that the best actions are those that result in the greatest happiness for the greatest number of people. Bentham's approach emphasizes the outcome of actions, specifically their effects on overall pleasure and pain, which aligns perfectly with the principles of consequentialism. This philosophical perspective has had a significant influence on ethical thought and public policy, as it prioritizes the well-being of individuals and society as a whole.