Question

Give two examples of risks that citizens may face in a market system. Why are these risks something that would not be present in a command system?

Answer 1

One of the risks that citizens can face in a market system is that those who participate in a market only take into account the cost and benefits that fall on themselves. Obviously, most of the individual participants also consider, the costs and benefits that fall on the members of their families, but in general , the participants in a market, pursuing what is conventionally known as their own interest or benefit.

Another risk is that there may be problems in terms of efficiency and therefore, the appearence of externalities or market failures: situations of social injustice, pollution or exclusion that lead the public sector to intervene. As also increase in prices.

These risks are something that would not be present in a command system because a command system has the capacity to serve collectively rather than meet individual needs. In this type of system the individual search for wealth is replaced by a concerted effort of all economic channels to imprive society as a whole.

Answer 2

the sample answer is:

Step-by-step explanation:

One of the risks that citizens can face in a market system is that those who participate in a market only take into account the cost and benefits that fall on themselves. Obviously, most of the individual participants also consider, the costs and benefits that fall on the members of their families, but in general, the participants in a market, pursuing what is conventionally known as their own interest or benefit.

Another risk is that there may be problems in terms of efficiency and therefore, the appearence of externalities or market failures: situations of social injustice, pollution, or exclusion that lead the public sector to intervene. As also increase in prices.

These risks are something that would not be present in a command system because a command system has the capacity to serve collectively rather than meet individual needs. In this type of system the individual search for wealth is replaced by a concerted effort of all economic channels to improve society as a whole.