List one major benefit and one major drawback of each type of economic system.

mobious74

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6 years ago

List one major benefit and one major drawback of each type of economic system.

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Business Essentials, Canadian Edition

Edition: 8^th

Authors: Ebert, Griffin, Starke, Dracopoulos

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Evansoul

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6 years ago

A market economy is efficient and provides wealth for many people in the society, but there may be a significant disparity between the rich and poor. A command economy is less efficient, but there is typically less disparity between rich and poor.

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