Disadvantages of command economic system

Answer 1

There is no private ownership. The economy is designed to meet needs not wants. No motivation to work hard. People often don't lose the jobs so they do the bare minimum to get by.

Answer 2

One disadvantage of a command system is that it is not designed to meet the wants of consumers, even though many basic needs are provided.

A second disadvantage is that the system does not give people the incentive to work hard.

A third weakness is that the command economy requires a large decision-making bureaucracy.

Yet the fourth weakness of a command economy is that it does not have the flexibility to deal with minor, day-to-day problems.

Finally, people with new or unique ideas find it difficult to get ahead in a command economy.

Answer 3

hindi q nga mahanap eh!..assignment sana namin....-.-

Answer 4

The fact that government control the prices which makes either surplus or scarce of products