Grade 3-5, 6-8, 9-12
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Video

Incentives Video and Quiz

Updated: July 12 2012,
Author: barrel fan
Teacher Version

Standards

State Standards

Concepts

Decision Making/Cost-Benefit Analysis, Economic Systems, Elasticity of Demand, Government Failures/Public-Choice Analysis, Incentive
 Open Video

This video teaches the concept of Incentives. An incentive is a cost or benefit that motivates a decision or action by consumers, workers, firms or other participants in the economy. [TRANSCRIPT]