What Is Meant by the Term "Incentives," and Why Are

question 203

Essay

What is meant by the term "incentives," and why are they important?

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Definitions:

Impeachment Process

The Impeachment Process is a formal procedure set forth by law for accusing and potentially removing from office public officials deemed to have committed "treason, bribery, or other high crimes and misdemeanors."

Hastert Rule

A political practice in the United States by which the Speaker of the House of Representatives will not bring a bill to the floor unless a majority of the majority party supports the bill.

Speaker of the House

The presiding officer of the United States House of Representatives, responsible for leading the House's legislative agenda and representing its members.

Checks and Balances

A fundamental principle of government that establishes a division of power among different branches to ensure that no single branch becomes too powerful, enabling mutual regulation.