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What else can I help you with?
What are some disadvantages of plbanned economy?
The disadvantage of a planned economy is that there is lack of profit which usually leads to the inefficiency of the firms.
20 disadvantages of centrally planned economy?
i dnt no
What are the disadvantages of a centrally planned economy?
In a centrally planned economy, the disadvantages include lack of competition, inefficiency in resource allocation, slow innovation, and limited consumer choice.
Can you name a country that has a planned economy?
North Korea is the most centrally planned economy in the world. Most others allow for *some* degree of private trade. Some other less centrally planned economies are: - China - Russia - Cuba
What are some disadvantages of the Market Economy?
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.
What were the advantages and disadvantages of the Mongol peace for the West?
some of there stragities may of not of worked as planned
What are the disadvantages of mixed economy in Nigeria?
The disadvantages of the mixed economy in Nigeria is that some unscrupulous businessmen are evading taxes. They import some goods which pose a danger to the locally produced goods.
What are the advantages and disadvantages of modern fishing to the economy and environment?
Some of the advantages and disadvantages of modern fishing to the economy and environment are that people are able to catch their food for no price and its way more natural ,but some of the disadvantages are the fee's that are required to fish are high.
How is the economy of totalitarian govern states?
It is a Planned Economy
What are some disadvantages of having a market economy?
cause like yea.
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 does Spain have a mixed economy?
both the government and the public control the economy, were as Russia is a planned economy because everything is planned and the government has full control
