Seven main disadvantages of a command economy

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asked Jul 11, 2018 37.9k views

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Bhaumik Patel · Answer 1 · 2018-07-14T22:21:27+0000

freedom is restricted
no competition is offered
black markets would explode
export problems
unbalanced amount of goods
society needs might be ignored
innovative developments might be hindered

Seven main disadvantages of a command economy

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