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The Advantages And Disadvantages Of A Market Economy.
Part one of term paper
When considering the advantages and disadvantages of command and market
economies, you may notice that they are usually straight forward, yet, both
advantages and disadvantages may merge at times, resulting in an unclear issue,
that could be debatable whether it is for the good of the society, or for the
government. Therefore, what I am tryi ...
Part two of term paper ... the way people may choose
their government.
In a market economy, the advantages are normally aimed towards the
middle/upper class in a community. This is why we normally find them in richer
communities (i.e. England, USA). The concept of a market economy is to allow
people to get through life by themselves. Government usually does little to
change the economy, and, the control is given to the people with the money, or,
rather, the people with the businesses. The main people in such an economy are
...
Word count: 831 | Approximate pages: 4
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