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biochicka biochicka
wrote...
Posts: 307
9 years ago
Match the following advantages and disadvantages with the economy it best falls under.

1. Market Economy
2. Mixed Economy
3. Command Economy

A) can prevent extremism in the business cycle
B) monopolies can emerge and as can gaps between the rich and the poor
C) governments may forget to stop deficit financing even after the economic crisis is over instead of starting to pay back the debt it incurred
D) equal distribution of income and resources
E) government planning can be inflexible and there are less incentives to be creative or efficient
F) ensures good quality and low prices
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