Cryptocurrency Q&A
What are the 2 basic principles of economics?
What are the 2 basic principles of economics?
Federico
Tue Jan 21 2025
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6
answers
1407
I am studying economics and I want to understand the fundamental principles that underlie this field. Specifically, I am looking for the two basic principles that form the foundation of economics.
6 answers
PearlWhisper
Thu Jan 23 2025
Human behavior is largely driven by incentives.
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DongdaemunTrendsetter
Thu Jan 23 2025
People tend to act in ways that benefit them the most.
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MysterylitRapture
Thu Jan 23 2025
In economic transactions, both parties seek to gain something of value.
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noah_smith_researcher
Thu Jan 23 2025
The principle of give and take is fundamental in any exchange.
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BonsaiBeauty
Wed Jan 22 2025
No transaction is one-sided; both parties contribute something.
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