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Is a Market system worth it?

#7: Do the advantages of a Market system outweigh the negatives? (2-3 sentences).

Categories: Homework
  1. March 8, 2010 at 9:59 pm

    A market economy is driven by supply and demand to efficiently allocate resources. This leads to better decision-making. It allows individuals to succeed or fail as economics dictate. I firmly believe there are NO advantages to a planned economy.

  2. Cruz A.
    March 6, 2010 at 10:07 pm

    In my opinion, the positive advantages in a market system outweigh the negatives. The market system is set up so that it’s based on the income people make and on what they can afford.

  3. Danelly R.
    March 4, 2010 at 9:49 pm

    I believe the positive overcomes the negative in the market system. The market system is more about the people , meaning their income or what they can afford is what it is depended on. It determines prices and quantities of each good that will be produced.

  4. Lazaro F.
    March 4, 2010 at 9:46 am

    In my opinion the advantages don’t overweigh the negatives because in a market system they don’t provide all goods and services needed by society. They also don’t adequately provide for all needs of all people. On of the advantages of the market system says “it is the most efficient system of all” even though it is the most efficient system this doesn’t guarantee that this type of system is never going to fail because it’s also likely that this system experience both recession and depression. Producers only care about making money and they don’t care if they pollute the environment or not. This are some reasons why I think the advantages don’t overweigh the negatives. I also think that to have a good economic system, they should take the good stuff from each type of system and combined it together like the mixed economy.

  5. Santiago I.
    March 3, 2010 at 10:06 pm

    In terms of a market system the positives advantages get over the negatives in that a central government determines the price of goods and services using a fixed price system. Also, it consist on each individual’s income and their demands for goods and services.

  6. jisselle gonzalez
    March 3, 2010 at 8:53 pm

    the positives over comes the negatives in the market system because when it comes to this system its all about the people. on their income and if they can afford it.

  7. cinthya s
    March 3, 2010 at 6:31 pm

    well i think the when it comes to the positive and negative about the market system, the positive over comes the negative. why?.wells it all based on the person income. And also it depends if they could afford what ever that person ants to buy.

  8. nicole p
    March 3, 2010 at 5:45 pm

    i think the positives of the market system overcomes the negatives because this is the only system that think about peoples income and it depends on demand and what th people can afford

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