Loralee135 Loralee135

29-09-2014
Business

Answered

Identify the advantages and disadvantages of a command economy.

Verified Answer :

flavour5 flavour5

29-09-2014

Good things
1. Government can control market failure
2. It help optimize social welfare
3. It prevents monopoly

Bad things
1. Lack of efficiency
2. No rewards

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