You have already been introduced toConsequential Thinkingin the notes onBudgeting,and we have discussedCategoricalThinkingin our Kohlbergstages of Moral Development. These are practical applications of the two philosophicalapproaches to how we live our lives and make decisions. In the closing summary of his lecture,Dr. Sandeloffers a different understanding of themwhen he applies them to ethical behavior. Discuss what you understood about thesetwo streamsof thoughfrom his lecture.