1. Are large salaries justified as incentives to produce beneficial consequences, or as rewards for past accomplishments? Are there available alternatives to momey that might serve as incentives and rewards?
2. Describe a common household product you use, noting where on the product life cycle you, believe the item is currently located.
3. Describe how South Korea has the ability to produce wealth as it relates to the five factors of production land, labor, capital, knowledge, and entrepreneurship.