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One of the key disadvantages of a market economy is that it is unpredictable. Many events can cause shocks in a market economy. For instance, a natural disaster or war can cause volatility in the market. A lack of stability is the key feature of the market economy.
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What advantage and disadvantage of Liberalization in economy in market price?
The advantages are that it allows more opportunities for businesses. Disadvantages are that the businesses are not properly regulated.
Which countries have a market economy?
Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.
Does Algeria have a market economy?
yes, it has a market economy.
What are the three types of economy?
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
What is the advantage and disadvantage of market free?
advantage is its fpree. Disadvantage is that its not fpree.
What advantage and disadvantage of Liberalization in economy in market price?
The advantages are that it allows more opportunities for businesses. Disadvantages are that the businesses are not properly regulated.
What is Bolivia economy?
Market Economy.
Which countries have a market economy?
Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.
Does China have a market economy?
No, china does not have a market economy!
Is Bahrains economy command or market?
a market economy
What does a market economy encourages?
market economy encoursae
Is Greece market or command economy?
Market economy
Does Algeria have a market economy?
yes, it has a market economy.
What are the three types of economy?
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
What type of economy does japan have!?
Japan has a market economy.
Is the South African economy classified as a command or market economy?
yes, South Africa is a Pure market economy
Does Nigeria have a market economy?
is nigeria a market economy, or a custom based economy, or directed.
