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A Market economy is reffered to as an economy in which the consumers decide what to produce, How to produce and For whom to produce. There are several disadvantages of a market economy. The main one being an inefficient allocation of resources refered to as market failure. Firstly, some good and services would be under provided such as defence and education.
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What are the advantages and disadvantagesof a market economy?
advantages and disadvantages of market economy
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 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.
What are the advantages and disadvantages of market economy?
really don't understand
Disadvantage of market economy?
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.
What are the advantages and disadvantagesof a market economy?
advantages and disadvantages of market economy
What are 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.
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 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.
What are the advantages and disadvantages of market economy?
really don't understand
Disadvantage of market economy?
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.
What are some disadvantages of having a market economy?
cause like yea.
What are the advantages and disadvantages of the Caribbean single market economy?
Please give disadvantages concerning csme in the Caribbean economy. natural disasters markets are small
What are the disadvantages of deflation?
Deflation is the fall of the general price market. The disadvantages of deflation are large levels of unemployment and an unstable economy.
What are the disadvantages of a free-market system?
A free market economy has its advantages as well as disadvantages. Some disadvantages are that a competitive environment creates an atmosphere of survival of the fittest. Wealth is not distributed equally, and there is no economic stability.
What are the advantages and disadvantages of Caribbean Single Market Economy CSME?
Please give disadvantages concerning csme in the Caribbean economy. natural disasters markets are small
What are the disadvantages of free marketing system?
A free market economy has its advantages as well as disadvantages. Some disadvantages are that a competitive environment creates an atmosphere of survival of the fittest. Wealth is not distributed equally, and there is no economic stability.
