Describe two advantages and two disadvantages of a market system
Asked by maham237 @ in History viewed by 318 People
Asked by maham237 @ in History viewed by 318 People
Answered by maham237 @
Answer:
The two advantages of a market system are a wider variety of goods and the competition makes businesses more efficient. This makes the market system effective but there are also disadvantages that come with this which are that the market system production can lead to negative externalities according to the website frndzzz. Another disadvantage of a market system is that there could be certain products that are not available to the people.
Asked by admin @ in Political Science viewed by 331 persons
Asked by admin @ in Political Science viewed by 395 persons
Asked by admin @ in Biology viewed by 301 persons
Asked by admin @ in Business viewed by 296 persons
Asked by admin @ in Science viewed by 313 persons
Asked by maham237 @ in Biology viewed by 374 persons
Asked by admin @ in Science viewed by 308 persons
Asked by admin @ in Science viewed by 310 persons
Asked by admin @ in Computer Science viewed by 351 persons
Asked by maham237 @ in Business viewed by 348 persons
Asked by admin @ in Business viewed by 398 persons
Asked by admin @ in Business viewed by 325 persons
Asked by admin @ in Health viewed by 312 persons
Asked by admin @ in Health viewed by 290 persons
Asked by admin @ in Physics viewed by 336 persons
Asked by admin @ in History viewed by 11326 persons
Asked by admin @ in History viewed by 3197 persons
Asked by maham237 @ in History viewed by 2525 persons
Asked by admin @ in History viewed by 2258 persons
Asked by maham237 @ in History viewed by 1955 persons
Asked by maham237 @ in History viewed by 1747 persons
Asked by evette57 @ in History viewed by 1694 persons
Asked by maham237 @ in History viewed by 1661 persons
Asked by wiki @ in History viewed by 1647 persons
Asked by admin @ in History viewed by 1406 persons
Asked by maham237 @ in History viewed by 1368 persons