23-02-2021
Social Studies

contestada

What do you think are the advantages and disadvantages government actions like these within a free enterprise economy?

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23-02-2021

Answer:

Free market economy advantages and disadvantages

The lack of government control allows free market economies a wide range of freedoms, but these also come with some distinct drawbacks.

Advantage: Absence of Red Tape. ...

Advantage: Freedom to Innovate. ...

Advantage: Customers Drive Choices. ...

Disadvantage: Limited Product Ranges. ...

Disadvantage: Dangers of Profit Motive.

Explanation:

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