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Econom - Coggle Diagram
Econom
Market
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advantages, the prices are acceptable and Consumers are free to decide how they spend their money.
Disadvantages, people care less about the environment
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command
Advantages, government can focus on one economic goal
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Disadvantages, government can make choices to benefit the government and not the people
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mixed
Example Countries: Canada, France
Disadvantages, the government might fail to protect the business.
advantages, the government could help protect the environment, consumers and workers.
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