1. Based on your experience, what kind of consideration goes into a gift?

What do you think is most

important to consider? Think of various social relationships and appropriate gifts according to that
social relationship. Please share if you have an experience giving or receiving a "wrong" gift, and
share why it was considered not appropriate.

Gift-giving is one of the kindest gestures that a person can do to another to show their appreciation for their
relationship. Though, the process of choosing the gift can be tricky as it require some deeper knowledge for
the other person to make a great gift. However, for general gifting, people should consider the most the
culture appropriation to not turn the kind gesture into a problem with gifting them an offensive or culturally
inappropriate gift.
Personally, I never got something that can be considered as an offensive or a ‘’bad’’ gift. However, my foreign
friends usually bring wine when invited to a party although in French culture for example giving wine as a gift is
not totally appropriate as choosing the wine is the duty of the person on the other end of the gift giving
process.

2. Are there any things or services that we cannot measure in terms of monetary value? Think of any
things or services which we try to keep outside of the market or not to be sold in exchange for money.
What kind of reasoning is behind this?

Nowadays, valuing things or services usually take place in a financial environment where monetary value is
the ultimate measure of the value of things. However, most people agree that, although some minimum value
is needed, happiness cannot be measure in monetary value, because the crucial question in here is how
would someone measure happiness.
Happiness is an emotion that is relative to each person. Different people find happiness in different things that
can be the furthest thing from money, in being surrounded by the people you love, achieving your goals, doing
things you like doing like sports, cooking, etc..

3. Are human beings inherently ("naturally") profit-maximizing? Think about this question both in terms
of economic interest (monetary) and other kinds of non-economic interests. Based on your
reflections, is it possible to say that human beings are self-centered (if not always profit-maximizing)
rather than altruistic?

Human beings are indeed naturally profit-maximizing in both economic and non-economic values.
First, Capitalism is the economic system of our world nowadays which only based on profit maximizing
techniques which imply the nature of the people who endorse it, which is not wrong.
On the other hand, humans are inherently profit-maximizing even in non-economic interest such as
relationships whether it is romantic or friendship. We genuinely like our friends but there is always something
about them that benefit us. For instance, for our romantic partner, the benefit can be sexual or emotional as
you sometimes you need someone in your life, also for our friends, friends can be tremendous help to have
fun or have someone you can rely on at all times.