The-definition.com

Definition

Profit motive

Expected or actual returns (profits) that motivate business leaders to do what must be done in a business venture.

Category: Economics
References
Share it:  Cite

More from this Section

  • Externalities
    Many economic activities have collateral effects (sometimes positive, but more often negative) ...
  • Poverty
    Poverty is a state of having inadequate income or other resources to support a household ...
  • Program Spending
    Program Spending is government spending which is undertaken to provide useful public programs. ...
  • Ad valorem tax
    Ad valorem tax is a tax (such as VAT) which is calculated according to the value of the ...
  • Carbon Tax
    Carbon Tax is a type of environmental tax imposed on products that require the release ...