Economics B A-Level
Financial incentives
What Financial incentives means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Financial incentives
Check what you remember
Read the wording for your board, then hide it and explain Financial incentives in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Profit acts as a primary financial incentive for entrepreneurs to take the risks associated with starting and running a business.
Topics that use Financial incentives
- Entrepreneurial motives (Pearson Edexcel A-Level)
Related terms
Using Financial incentives in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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