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The market economy has many advantages, but it also has its share of disadvantages. Two of the main disadvantages are that this type of economy can be very unstable and it tends to cause a large gap in the distribution of income.
Velma Crona
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∙ 16y agowhat is the role ofgovernment in the market economy
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What are some disadvantages of market economies?
The market economy has many advantages, but it also has its share of disadvantages. Two of the main disadvantages are that this type of economy can be very unstable and it tends to cause a large gap in the distribution of income.
Why are command economies less efficient the market economies?
the competition in the market economies encourages both qyality and low prices.
Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
What is meant by transition economies?
The economies which are converting from social market system to capital market system
Why are command economies usually less efficient than market economies?
The competition in market economies encourages both quality and low prices.
Why are command economies usuall less efficient than market economies?
The competition in market economies encourages both quality and low prices.
Why are commanded economies usually less efficient than market economies?
The competition in market economies encourages both quality and low prices.
What are the disadvantage of the CSME?
The disadvantages arising directly from the establishment of the CSME infrastructure which would influence the distribution of gains from market and economic integration, prior disadvantages e.g. Size. Potential disadvantages which may arise from the vulnerability of the economies of specific countries.
Why market economies are becoming popular around the world?
market economies are found in democratic forms of government
What is the outline of the benefits of free market economies to owners of firms?
what does the free market economies benefits to owners
Why are most economies referred to as mixed economies?
poverty is always higest in countries with market economies
Why are most economies refered to as mixed economies?
poverty is always higest in countries with market economies
