97.0k views
18 votes
Whar is an incentive​

Whar is an incentive​-example-1
User Hofi
by
3.2k points

1 Answer

1 vote

Answer:

It acts as a stimulus to a market

Step-by-step explanation:

Incentive encourages people to act in a particular and desired way. It is anything that motivates people to work hard to achieve set objectives.

Since incentives influence behavior, they can act to stimulate the market. Stimulating the market refers to the actions that encourage increased economic activities. Incentives lead to increased levels of activities in the market.

User Conterio
by
3.3k points