[ Post New Message | Post Reply to this One | Send Private Email to ssssss | Help ]

Response to advantages and disadvantages of mixed economy

from ssssss (ejd01@hotmail.com)
Goods and services go to those with the most money. Rich people get most of money while a poor people are hungry. Business people can control the market for a good or a service, and force consumers to pay high costs or workers to accept low income. Since the business cannot always correctly anticipate the desires of consumers, at times there will be an overproduction of goods and services, and also an underproduction of other goods and services. Consumer may be unable to recognize goods which are harmful, or worthless.
(posted 7001 days ago)

[ Previous | Next ]