According to economists, what do people respond to?

Name: According to economists, what do people respond to?
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Question

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Economists generally believe that people respond to incentives, whether they are positive or negative. Laws can provide an incentive structure, but on their own are not enough to motivate people. Threats may be effective in certain situations, but rewards tend to be more powerful in driving behavior. Overall, people tend to be more responsive to positive incentives rather than negative ones.

According to Economists, What Do People Respond To