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2. What are some of the advantages and disadvantages to a market economy?
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2. What are some of the advantages and disadvantages to a market economy?
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Dec 24, 2018
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2. What are some of the advantages and disadvantages to a market economy?
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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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