Freakonomics

An Incentive is something that Is used to motivate or use as an advertisement to better whatsoever the person Is doing. In analyse economics, Incentives argon used as abidance of reachments, to encourage channeles to succeed In whatever they are doing. 2. The united States government puts a tax on foreign political machine companies to help united State citizens encourage to buy the American do cars. This acts as an Incentive for the citizens to buy American made cars to support the united States economy. The governments plan to fix test scores actu in ally worked because In public schools, teachers are awarded or punish based on their kids performance on standardized tests. 4. When a Japanese sumo grapple is on the bubble, it means that if one sumo matman which is almost kayoed of the contest faces a sumo grappler that has a lot of wins, the wrestler with a lot of wins bequeath permit the one that is almost out of the competition win. 5. The authors from Freakishnes s are concluding that flock are lust dishonest. When Paul Feldman left-hand(a) the basket and bagels, he noticed that all of he cash was vanishing.This plays into economics because it shows us that small offices run more frankly and more efficiently. Chapter 3 Why do dose principal sums lock a fashion live with their moms? 1 . formulaic wisdom is something that is generally believed in. It is ideas that are generally accepted by the public. Conventional wisdom is used to encourage spate to get more support and even off a closer attention to detail. 2. Although the guard departments got rid of at least cardinal thousand police reports in efforts to sink the crime rate, the crime rate still managed to rise because of the medias coverage on force out cocaine. 3.The Black Disciples street gain was puzzle up bonny like a common business is set up. The snarf people in charge of twain were called the board of directors. Under them, there will bosses in polar cities which controlled another tierce individuals. There was a treasurer Just like in a business who manages the money and the foot sellier who sold the gangs drugs acted as gross revenue people In large businesses. 4. A street-level drug dealer Is willing to accept low pay and poor working conditions so that he has a drive and something to work up to In order to come a bigger boss to eventually touch more money.Like In small business, sales people act as pull down earning Individuals who eventually want to work their way up to becoming something bigger and qualification more In a company. 5. A street level drug salesman Is different from a franchise owner because the drug dealer Is mostly looking out for himself and trying to make enough money to get by from month to month. However, they are some(prenominal) attempting to maximize their profits because they both want to see the company or their personal lives grow better. Chapter 4 Where see all the crimes gone?