Why do command economies move toward privatization?What are some of the benefits of a market economy?

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asked Apr 17, 2021 57.0k views

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IcarusNM · Answer 1 · 2021-04-22T05:21:16+0000

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Some benefits citizens of a centrally planned economy derive from a move toward market based system are: Greater efficiency of resource use. Fewer shortages. Determines the types of goods and services to be produced the method in which they will be produced and the allocation of finished products.

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Why do command economies move toward privatization?What are some of the benefits of a market economy?

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