Respuesta :
Benefit of command economy:
- Low level of inequality
- Products that produced in a society is usually for the benefit of collective goods
Drawbacks of command economy:
- High level of Government corruption
- It kills the incentives to excel and compete, which would negatively affect performance in global market.
- People do not have the freedom to choose our own career
Benefit of market economy:
- Freedom to choose career and goods/products that we want to produce
- Desire to compete and excel is rewarded
- More new inventions are made
- Positively affect position in the Global market
Drawback of market economy:
- High level of inequality
- Economy is controlled by corporations
- Lower amount of Government welfare.
- Low level of inequality
- Products that produced in a society is usually for the benefit of collective goods
Drawbacks of command economy:
- High level of Government corruption
- It kills the incentives to excel and compete, which would negatively affect performance in global market.
- People do not have the freedom to choose our own career
Benefit of market economy:
- Freedom to choose career and goods/products that we want to produce
- Desire to compete and excel is rewarded
- More new inventions are made
- Positively affect position in the Global market
Drawback of market economy:
- High level of inequality
- Economy is controlled by corporations
- Lower amount of Government welfare.
Pro of a Command Economies
- the capacity to radically alter course in a generally brief timeframe and little vulnerability for its natives.
Con of a command economy
- purchaser needs may not be met; diligent work isn't remunerated, the important basic leadership administration postpones choices, and little adaptability to manage everyday issue
pro of a mixed Economies
- Gives help to a few people who generally might be forgotten (excessively youthful, excessively old, excessively wiped out, and so forth).
- Majority rule governments = individuals vote and influence government choices.
Con of a mixed economy
- More administrations = higher average cost for basic items.
- Accessibility of administrations might be constrained or quality may break down. Industry might be less proficient.
- the capacity to radically alter course in a generally brief timeframe and little vulnerability for its natives.
Con of a command economy
- purchaser needs may not be met; diligent work isn't remunerated, the important basic leadership administration postpones choices, and little adaptability to manage everyday issue
pro of a mixed Economies
- Gives help to a few people who generally might be forgotten (excessively youthful, excessively old, excessively wiped out, and so forth).
- Majority rule governments = individuals vote and influence government choices.
Con of a mixed economy
- More administrations = higher average cost for basic items.
- Accessibility of administrations might be constrained or quality may break down. Industry might be less proficient.
