The advantages of the economic system, capitalismThere are non-governmental freedom of choice to decide on economic activity as they prefer.Profit and proprietary systems in the property as a motivation to make it work effectively. It is the private sector to work hard because it has much less how much they are affected. Compensation or income to only. Under this system, the economic system will have to invent new techniques, or artifacts. Development at all times. Disadvantages of traditional economic systems, capitalismCausing inequality problems due to different abilities in individuals with underlying. Enables the ability to earn income is not equal. Those with higher capacity are advantages that economic onaekwa.In many cases, Price or market forces is not yet powerful enough tool for resource allocation of the economic system. For example, goods and services that are characteristic of natural monopoly, or public goods and services, which include public utility services (electricity, water, telephone, etc.) Infrastructure (roads, bridges, dams, etc.) you will see that most of these products and services will require investment. State-of-the-art technology, their risk of loss due to a long payback period is not worth the economic terms. Make the private sector rarely dare to invest that will be produced. As a result, the Government must come into action instead. Due to these products and services is essential to people's basic. Such cases can be seen that prices could not come to serve in the allocation of resources.Using a system of competition or price mechanism might have caused the economic use of resources, waste, for example, in certain ranges to create a competing shopping centre because they think that the yield, or profit, as well. These trade centers when created too much, there might not be enough buyers. Make experiencing the loss. The waste must be aborted joint venture spent in business is a loss of economic resources to naked and not worth it.
การแปล กรุณารอสักครู่..
