Respond to one of the two discussion questions. You'll want to provide a thoughtful, 100+ word response forthe discussion question that you select.Think of these as 'essay questions'.In your response, clearly demonstrate an understanding of the concepts from the readings and lecture notes relating to the topics. Incorporate examples in your explanation that demonstrates your understanding the material.

Questions:

1. Describe the five factors of production. What two factors of production create wealth for society? Include examples in your responses.
2. Which of the environmental factors might have the most significant impact on businesses? How?