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GarryVolchara [31]
2 years ago
9

What is an economic incentive?

Social Studies
1 answer:
Tpy6a [65]2 years ago
5 0

An economic incentive is a reward designed to encourage specific economic behavior. Below you can lean more about economic incentive.

<h3>What is an Economic Incentive?</h3>

Economic incentive is a term used to describe the motivation given to an individual in order to behave in a certain way.

In other words, it is a financial motivations for people to take certain actions.

  An example of economic incentive is an increase the price of a product in order to encourage consumers to buy little of that product or to find alternatives.

Read more about Economic incentives at brainly.com/question/19615600

#SPJ1

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I believe the answer is: Ethnocentricity.

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3 years ago
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2 years ago
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4 years ago
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