Pros and Cons_ Command vs. Mixed-Market.docx - Chalita...

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Chalita NatakuatongMr. VitalEconomics19 September 2020Pros and Cons: Command vs. Mixed-MarketThere are many pros and cons of both command and mixed-market economies. Some of the topics of opinions include equality levels, production of products, and freedom and independence levels.One pro of a command economy is that economic demands can be easily met. When a government has almost complete control over industrial aspects, it becomes much easier to limit over-production and create a more efficient lifestyle for its citizens. “By limiting over-productionof items, there is less waste that occurs within the society. This creates more resources for the government to use in other areas” (Louise Gaille). Although complete government control may seem ideal, some think otherwise.One con of a command economy is the high level of government corruption. The government provides for each family equally, therefore, there is nothing anyone can gain more

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Term
Fall
Professor
ALLOUIS AMIN
Tags
Economic system, Brandon Miller, Robert Longley, Louise Gaille

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