asked 60.4k views
2 votes
Identify one disadvantage for the pure market economy system.

competition,
wealth disparity,
basic goods provided,
poor information

asked
User Ablemike
by
8.3k points

1 Answer

2 votes
Answer: wealth disparity

Explanation: A market economy is an economy in which supply and demand drive economic decisions, such as the production of goods and services, investments, pricing, and distribution.
A market economy promotes free competition among market participants.
Notable benefits of a market economy are increased efficiency, production, and innovation
answered
User Jjsantoso
by
7.8k points
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