Economy, asked by shakeelahmad204a, 4 days ago

Disscuss the advantages and disadvange of placing a greater emphasis on the market system​

Answers

Answered by XXItzurpagliXX
1

Explanation:

a system of government by the whole population or all the eligible members of a state, typically through elected representatives.

Answered by suthagar2008
1

Answer:

*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.!

*The advantage of a free market economy is that when it works, it can both reward and perpetuate innovation and hard work. A disadvantage of free market economies is that they are inherently more risky and thus tend to favor those who start out with more capital and resources.

Explanation:

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