Answer to Question #229996 in Economics for izzy

Question #229996

In a market economy, one key disadvantage is a conumers ability to choose what product they want to purchase.

Expert's answer

False.

Disadvantages of the market economy are: a tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation.

Learn more about our help with Assignments: Economics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. how do you calculate gdp at market price
2. Which one of the following is not a requirement for or a characteristic of perfect competition? A.�
3. Nirmal Soul pvt Ltd is a manufacturer of bath towels. The company has to supply his customer 750 un
4. Discuss some concerns you have about taking this course using the OBL/CBL mode. How do you plan to a
5. What do you think will be your advantage in taking up this course with the software applications R a
6. Mahesh wants to start his business and for that he decides that he will take loan for Rupees 7 Lakhs
7. What kind of action taken by the stakeholders damaged the brand's reputation? Give an examples