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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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<em>The reason might the US for treating China differently is that China currently holds trillions in US debt.</em>

US foreign policy frequently encourages nations of the world to adopt democratic forms of government with similar human right standards. The reason might the US for treating China differently is that China currently holds trillions in US debt.

Until January 2019, the United States debt to China was $1.13 trillion. China has the most United States debt held by a foreign country. That represents a disadvantage to the US finances, and if we added the trade war that both countries are into, the situation for the US can get more complex. So that is why the United States needs to have some concessions with China. The reason might the US for treating China differently is that China currently holds trillions in US debt.

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