3 years ago

PLEASE HELP!! MAKE SURE THEIR IS TWO POINTS PLEASE

1 answer:

7 0

Answer:

I think The reason why communist economies were unable to compete with free market economies in terms of production and efficiency is : The limited innovation

- In a communist economy, the Government tell each people what to do and how much they should do it no matter they like it or not. Now imagine, that someone that has a talent to built a magnificent machine were forced to lift bricks for construction

- The government takes all the profit. This will kill the spirit of competition that would increase production and efficiency in a healthy way

Explanation:

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