Two advantages that a market economy has over a command economy are ____. more security and more equity for producers and consumers more freedom and more efficiency for producers and consumers more limits on profits and more public goods less control over prices and wages
History · High School · Thu Feb 04 2021
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Two advantages that a market economy has over a command economy are "more freedom and more efficiency for producers and consumers". In a market economy, producers can decide what goods and services to offer based on consumer demand, and consumers have the freedom to choose what goods and services to purchase. Additionally, the competition that results from this economic freedom tends to lead to better efficiency as producers must innovate and reduce costs to attract consumers and maintain or increase their market share.