Question

Would you want to live in a command economic system? Explain why or why not

Answer 1

It is harmful to people because it is an inefficient way to allocate resources and the needs/preferences of citizens may go unmet. Furthermore, due to the lack of competition, which leads to a lack of innovation, the quality of products may be poor.

Answer 2

Answer: I would not want to live in a command economic statuses

It is harmful to people because it is an inefficient way to allocate resources and the needs/preferences of citizens may go unmet. Furthermore, due to the lack of competition, which leads to a lack of innovation, the quality of products may be poor.

Step-by-step explanation: