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21 July, 01:24

Agree or disagree with the following statement: Economic decisions are more likely to benefit consumers in a free enterprise economy than in a command economy. Give reasons for your answer.

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  1. 21 July, 01:31
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    I disagree with the statement: "Economic decisions are more likely to benefit consumers in a free enterprise economy than in a command economy" because the activity that goes on in the "market economy" in unplanned, and unorganized by any central authority but only certified by the "goods" that it involves, on the other hand, a "command economy" is organized by the government officials. China, North Korea, and Soviet Union are all examples of command economies.
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