Economic theory assumes that voters, politicians, and other political participants are largely motivated by

Question

Quizplus · Accepted Answer

Economic theory assumes that individuals, including voters and politicians, are largely motivated by personal self-interest. This means that they make decisions based on what benefits them personally, such as increased income, lower taxes, or other incentives. This self-interested behavior is a key assumption in economic models and helps explain why people make certain choices and how they respond to incentives.

Economic Theory Assumes That Voters, Politicians, and Other Political Participants