Command economy advantages include low levels of inequality and unemployment and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency
While there are several advantages to a traditional economy, these economies are not without their disadvantages. Because these economies rely on hunting, fishing, gathering, and the land in the form of farming, when the weather changes, the economy becomes jeopardized
A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims. According to neoclassical theory, mixed economies are less efficient than pure free markets, but proponents of government interventions argue that the base conditions such as equal information and rational market participants cannot be achieved in practical application.
Main advantages would have been that there are bigger cities, better doctors and bigger businesses. Also if you were black, slavery wasn't allowed. Disadvantages would've been mostly political, like the fact that the economy could crash at any time. and that second part is your opinion fam
Answer:
He spoke against the slave trade and the ownership of slaves. Adams went so far as to suggest the dissolution of the Union on the grounds that to remain whole would mean supporting the institution of slavery and the views of southern slaveholders. To this end, he presented yet another signed petition that actually called to dissolve the union of states.
