There have been many studies and experiments dealing with money as a motivator. In the business world, managers want to know how to use money to get more out of their employees. But little has been noted about the effects of money on kids.
Now, a set of studies from around the world have noted that the effect of money on behavior in young children is a double-edged sword. For one, encountering money inspired kids to work harder and longer at a given task. So as a motivator, it was effective. But, those same kids also acted more privileged and greedy when it came to other tasks.
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