169k views
0 votes
List the advantages and disadvantages of a market economy

User Jpcgt
by
5.7k points

1 Answer

5 votes

Answer:

The market economy has many advantages, such as fostering innovation, variety, and individual choice. Disadvantages, such as tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation.

Step-by-step explanation:

User Simon Vane
by
6.8k points