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natta225 [31]
3 years ago
7

The government, not the market, deciding what gets produced leads to producing many items consumers don’t want.

History
1 answer:
insens350 [35]3 years ago
7 0
The market forces regulate production to align with the supply. As demand increases, the supply is increased to meet the new demands. when the government controls production there may be a surplus of goods that are not needed and a scarcity of basic goods. The economic principles that inform production may be undermined by political agendas. 
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