The advantages and disadvantages of a market economy.
| December 21, 2020 | education
Let’s start with the advantages of a market economy:
1) it provides freedom of choice and action for both consumers and producers.
2) more efficient use of resources
Disadvantages:
1) Price volatility
2) Does not guarantee the rights to income, work and rest
One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.
