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

mobious74

wrote...

Posts: 563

Rep:

6 years ago

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

Textbook

Business Essentials, Canadian Edition

Edition: 8^th

Authors: Ebert, Griffin, Starke, Dracopoulos

Read 52 times

1 Reply

Report

Related Topics

Solved List the major types of limited-service wholesalers and explain how each type fu
Solved The Bureau of Economic Analysis divides it's statistics on GDP into four major categories. List the
Solved Compared to an electronic payments system, a payments system based on checks has the major drawback
Solved A major economic (Multiple Choice Question)
Solved Define regional free trade zones. List and explain the formation of the major economic blocs and the
A major drawback to communism as an economic system is that
Solved The major drawback of the matrix-type organization is that it:
Solved Which of the following is a major benefit of the hub-and-spoke system adopted by major U.S. airlines?

Replies

Evansoul

wrote...

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.

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

942 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

AJAX Chat © blueimp.net Integrated with SMF

Related Images

342

620

377

Your Opinion

Previous poll results: What's your favorite coffee beverage?

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.