What are the advantages and disadvantages of economy organizations?

Social Studies

2 answers:

Masteriza [31]2 years ago

6 0

Answer:

Command economy advantages include low levels of inequality and unemployment and the common objective of replacing profit with equality as the primary incentive of production. Disadvantages of command economies include lack of competition, which can lead to lack of innovation, and lack of efficiency.

noname [10]2 years ago

5 0

Explanation:

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.Aug

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