Buy custom The Advantages And Disadvantages Of Free Market Economy, Price Determination With Market Forces. And Government Intervention With Free Market Equilibrium Price And The More Suitable Model For The Sudan
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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2708 |
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It doesn't always provide the basic needs to everyone in the society. The weak, sick, disabled, and old sometimes have trouble providing for themselves and often slip into poverty.
2. It becomes hard for a government with so many private businesses to provide adequate defence, education, and health care to its people...
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There is uncertainty in the business world, one company could easily be forced out of business causing all of its employees to become unemployed and lose their means of income.
4. Occasionally there are market failures. This can cause some companies to become way to powerful and become a monopoly. If the government doesn't step in, the monopoly can take advantage of the consumers and charge ridiculously high prices...
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General points of the essay
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