Question

What are the negative aspects of markets?
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Answer 1

Explanation:

The disadvantages of a market economy are as follows:

Competitive disadvantages. A market economy is defined by cutthroat competition, and there is no mechanism to help those who are inherently disadvantaged, such as the elderly or people with disabilities. ...

Lack of optimization. ...

Wide social and economic gap.

Answer 2

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Question:- What are the negative aspects of markets?

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.

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