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No one is really in charge, so it's insecure and uncertain.
Aurelia Stracke
Wiki User
∙ 11y agoIt's unequal; some people do well while others do not.
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What is one of the negative features of a free-market economy?
APEX--- No one is really in charge, so it's insecure and uncertain.
What's one of the negative features of a free market economy?
While a market economy has many advantages, such as fostering innovation, variety, and individual choice, it also has disadvantages, such as a tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation
What are negative effects of globalisation on Vietnam's economy?
One Example, The negative affects is .6 percent of unemployment.
What are the components of a free market economy?
A free market economy is a market based one. The prices of goods and services are determined independently in a free market.
What are the features of a mixed economy?
A mixed economy features a "mix" of features from traditional economies, market economies, AND command economies--usually the most advantageous features from each. For example, most mixed economies borrow three of the most advantageous characteristics of a market economy: pricing, private property, and individual self-interest. The United States is one example of a mixed economy.
What is one negative feature of a free market economy?
No one is really in charge, so it's insecure and uncertain.
What is one of the negative features of a free-market economy?
APEX--- No one is really in charge, so it's insecure and uncertain.
What's one of the negative features of a free market economy?
While a market economy has many advantages, such as fostering innovation, variety, and individual choice, it also has disadvantages, such as a tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation
What are negative effects of globalisation on Vietnam's economy?
One Example, The negative affects is .6 percent of unemployment.
What are the components of a free market economy?
A free market economy is a market based one. The prices of goods and services are determined independently in a free market.
What are the features of a mixed economy?
A mixed economy features a "mix" of features from traditional economies, market economies, AND command economies--usually the most advantageous features from each. For example, most mixed economies borrow three of the most advantageous characteristics of a market economy: pricing, private property, and individual self-interest. The United States is one example of a mixed economy.
Features of a developed economy?
the developed ecnomy is the one which has high per capita income
What are the key features of the post industrial economy?
A post industrial economy is one in which the importance of manufacturing decreases and that of other areas grows. Some features of a post industrial economy would be declining manufacturing, increase in the service industry, and increases in technology and creativity.
What is centrally planned democratic free economy?
A centrally planned democratic free economy is one whereby the budget making process involves everyone.
Which of the following is another term for a market economy?
A market economy, also widely known as a "free market economy," is one in which goods are bought and sold and prices are determined by the free market, with a minimum of external government control.
Where can you download free house design software?
There are many places that one can find online free architectural software. In this economy, free architectural software has never been more prized. One could locate architectural software at CNET to try a free trial.
What is one drawback of a command economy compared to a free market economy?
Answer this question… A command economy reduces innovation by requiring all businesses to follow government orders.
