Bomberanian Bomberanian

14-04-2021
Social Studies

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Conduct further research of the four types of economic systems. Describe the advantages and disadvantages of one of the systems in a paragraph of about two hundred words.

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14-04-2021

Answer:

Explanation:

While a market economy has many advantages, such as fostering innovation, variety, and individual choice, it also has disadvantages, such as a tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation.

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