2 Answers - Sort by: Date | Rating
The advantage to the average person is they do not have to lift a finger to support themselves. The government provides all the money to them for most of thier living. They will choose where you live, what you can afford to buy and where you can go on the money they give you.
The disadvantage is there is no incentive for anyone to work and pay taxes so the government can pay for it. Also the government can limit your freedom of mobility and self control by only giving you enough money to let you do only what they want you to do
The disadvantage is there is no incentive for anyone to work and pay taxes so the government can pay for it. Also the government can limit your freedom of mobility and self control by only giving you enough money to let you do only what they want you to do
0
0
Guest
answered 5 months ago
- What Are The Functioning Of Mixed Economic System?
- How Would You Relate This Global Crisis To Companies Financial Statements?
- Why Is USA Leading In Economy?
- According To The Data Given Below, Calculate The GDP Deflator And Inflation Rate. Years Nominal GDP Real GDP GDP Deflator Inflation Rate 1997 Rs. 60,000 Rs. 60,000 1998 70,100 65,200 1999 81,200 74,600?
- How To Control The Increased Inflation?
- What Does It Means By Under Developed,developed And Developing?
- How Significant Economics In Our Life?
- What Problems Do Referees Face?
- Why And How Systems Are Initiated?
- What Is Vicarious Consumption?
- What Is Advantage Of Trade Credit?
- How Can A Teen Play A Leading Role In The Leadership Of A Country?
- Did Adam Smith's Vision Prove To Be True?
- Years 1997,1998,1999 Nominal Gdp 60000,70100,81200 Real Gdp60000,65200,74600.find GDP AND Inflation Rate?
- Were You From Same Socio-economic Class When You Met?
- What Is The Things You Can Apply In The Real World With Managerial Economics?
- What Is The Impact Of Computer On The Economy Of Nigeria?
- What Are The Implication Of Balance Of Payment Deficit Over A Long Period Of Time For The Experience Debt Profile Of A Country? Critically Evaluate Pakistan's Experience In This Regard
- Why Public Finance In Important In The Philippine Economy?
- What Are The 124 Member Countries Of The World Bank?
- In Economics A Supply Curve Has What Kind Of A Relationship?
- What Does Producer Surplus Directly Measures?
- How Does The Demand Curve Illustrate The Law Of Demand?
- How Many Km Around The World?
- What Countries Do Lemon Come From?
- Can You Discuss Good Sides And Disadvantages Of Market Economy Compared To Socialist Economy?
- What Is The Difference Between Socialist Economy System And Capitalist Economy System?
- What Are The Advantages And Disadvantages Of Mixed Economy?
- What Are The Advantages And Disadvantages Of A Command Economy?
- What Are The Advantages And Disadvantages Of A Free Economy?
- What Are The Advantages And Disadvantages Of Command Economy?
- What Are The Advantages And Disadvantages Of Central Economy?

New Comment - Comments are editable for 5 min.