advantages and disadvantages of regulated markets.
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Disadvantage: Lack of Specialization. One of the main disadvantages of having a single body regulate financialmarkets is that it makes it more difficult for this body to specialize in particular regulatory aspects in the way that multiple entities are better able to do.
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Answer:
REGULATED MARKET
Advantages:
1. Started by the government.
2. In the interest of the farmer. Their complain is heard by the committee.
3. Market Committee ensures fair play in the market.
Disadvantage:
Corrupt market officer who demands bribes for proper grading.
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