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Economic Incentive
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Summary
Economic incentives are like little rewards that help people decide what to do. They make it easier to choose things that are good for everyone, like sharing toys or cleaning up after playing.
Concepts
Reward System
Cost-benefit Analysis
Supply And Demand
Behavioral Economics
Market Signals
Opportunity Cost
Decision-making
Relevant Degrees
Economic Theory and Concepts 70%
Economic Planning and Policy 20%
Labor and Employment 10%
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