When considering the advantages and disadvantages of command and market economies, you may notice that they are usually straight forward, yet, both advantages and disadvantages may merge at times, resulting in an unclear issue, that could be debatable whether it is for the good of the society, or for the government. Therefore, what I am trying to say, is that no matter how hard you try, it is always impossible to debate on which economic system is better. Both have their good points and their bad, but, each is aimed towards a community that will make use of it. This community has usually got a majority of people either rich or poor, and, social class usually effects the way people may choose their government.
In a market economy, the advantages are normally aimed towards the middle/upper class in a community. This is why we normally find them in richer communities (i.e.
Gross domestic product growth in the advanced econ...
The Seat of Government
Poverty stands right in front of youEngland, USA). The concept of a market economy is to allow people to get through life by themselves. Government usually does little to change the economy, and, the control is given to the people with the money, or, rather, the people with the businesses. The main people in such an economy are usually the consumers, the producers, the owners of private property, and, the government. These are the people with the power. The whole system revolves around private gain rather than the interests of everyone in a community. Since the rich are in control of the economy, their decisions result in the rich getting richer and the poor getting poorer. This is a perfect example of what I mentioned before, which is the way that you can not categorise all statements. This would be an advantage for the rich, but, a disadvantage for the poor. However, governments may...