Social Studies, 26.04.2020 10:19 jrocklove2213

Mention any one advantage and disadvantage of unregulated and regulated market.

Answers: 3

Show answers

Answers

Answer from: justritegrl

Regulated Market Pros:

- It looks out for the safety of consumers.

-It protects the safety and health of the general public as well as the environment.

-It looks after the stability of the economy.

Unregulated Markets(Free Markets)

-It contributes to political and civil freedom, in theory, since everybody has the right to choose what to produce or consumer.

-It contributes to economic growth and transparency.

-It ensures competitive markets.

-Consumers' voices are heard in that their decisions determine what products or services are in demand.

-Supply and demand create competition, which helps ensure that the best goods or services are provided to consumers at a lower price.

Explanation:A free market economy is essentially when the allocation of resources is determined by supply and demand, without any government intervention., and a regulated market is vice versa.

Answer from: swaggernas

Unregulated:

Disadvantage: Poor Quality. Since profit maximization is the biggest motivation for firms, they may try to reduce their costs unethically
Advantage: In its purest form, a free market economy is when the allocation of resources is determined by supply and demand, without any government intervention. Supporters of a free market economy claim that the system has the following advantages: It contributes to political and civil freedom. ... It ensures competitive markets.

Regulated:

Advantage: Suitable arrangements for the settlement of disputes is provided. Reliable and up to date market news are made available to the farmers. Suitable quality standards and standard terms for buying and selling are conveniently enforced
Disadvantage: Lack of Specialization. One of the main disadvantages of having a single body regulate financialmarkets is that it makes it more difficult for this body to specialize in particular regulatory aspects in the way that multiple entities are better able to do

Answer from: Quest

Ibelieve the answer is benjamin franklin.

Answer from: Quest

answer; can each be concretely realized in different ways;

Other questions on the subject: Social Studies

Social Studies, 22.06.2019 13:30, aaliyahmaile13

Why do all market economies have taxes to support armed forces police forces public schools and at least some form of public transportation?

Answers: 1

continue

Social Studies, 22.06.2019 18:30, ketabug50

What can you conclude about the information given here ? a)juveniles must testify in court b)adults are held to a lower standard c)the state guarantees that juveniles have legal rights much like those of adults d) punishment for juveniles violators are much more strict than those for adults

Answers: 1

continue

Social Studies, 22.06.2019 19:30, AandK2326

Which of the following best describes how the articles of confederation divided government power?

Answers: 1

continue

Social Studies, 22.06.2019 23:00, foreignlove1039

Drag and drop to identify the factors contributing to south asia high poverty rates. each phrase may be used once or not at all

Answers: 2

continue

You know the right answer?

Mention any one advantage and disadvantage of unregulated and regulated market....