Which of the following is considered as a disadvantage of allocating resources using the market system?
a) Income will tend to be unevenly distributed.
b) People do not get goods of their choice.
c) Men of Initiative and enterprise are not rewarded.
d) Prots will tend to be low.
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Answer:
Option D is correct✔✔✔hope it helps
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Hey Mate !
a) Income will tend to be unevenly distributed.
Since income is always somewhat unevenly distributed which give rise to economic divide. In market system resources are allocated with the objective of maximisation of individual profits which leads to further uneven distribution of income.
Hope it helps u !
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