Conduct further research of the four types of economic systems. Describe the advantages and disadvantages of one of the systems

Question

Juliette [100K]

3 years ago

10

Conduct further research of the four types of economic systems. Describe the advantages and disadvantages of one of the systems

in a paragraph of about two hundred words.

Social Studies

1 answer:

KonstantinChe [14] · Answer 1 · 2022-04-24T13:02:14+03:00

KonstantinChe [14]3 years ago

5 0

Answer:

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.