1. Booker T. Washington was an African American educator, author, orator, and political leader. He represented the last generation of leaders born in slavery. One hundred years ago, Washington said, It is easily seen, that if every member of the race should strive to make himself the most indispensable man in his community, and to be successful in business, however humble that business might be, he would contribute much toward smoothing the pathway of his own and future generations. Utilizing the below link, interpret and discuss this quote.

www.usatoday.com/money/smallbusiness/columnist/edmunds/2010-02-09-booker-t-washington-entrepreneurs_N.htm

2.Wealth is created from the factors of production. These consist of natural resources, capital, human resources, entrepreneurship, and, according to some experts, knowledge. Using the criteria of creating wealth, rank the factors of production in order of importance. Explain your ranking.