(b) Communist disadvantage
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Disadvantages. The most significant disadvantage of communism stems from its elimination of the free market. The laws of supply and demand don't set prices—the government does. Planners lose the valuable feedback these prices provide about what the people want.
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Disadvantages. The most significant disadvantage of communism stems from its elimination of the free market. The laws of supply and demand don't set prices—the government does. Planners lose the valuable feedback these prices provide about what the people want.
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