6. which of these are disadvantages of a command economy? large bureaucracy encourages innovation lack of…

6. which of these are disadvantages of a command economy? large bureaucracy encourages innovation lack of incentive to work harder high consumer satisfaction

6. which of these are disadvantages of a command economy? large bureaucracy encourages innovation lack of incentive to work harder high consumer satisfaction

Answer

Brief Explanations:

In a command economy, the government makes most economic decisions. This often leads to a large bureaucracy as many administrative levels are involved in planning and controlling production and distribution. Also, since individuals and businesses have limited autonomy and rewards are often not directly tied to performance, there is a lack of incentive to work harder. Encouraging innovation and high - consumer satisfaction are not typical disadvantages of a command economy; in fact, innovation can be stifled and consumer satisfaction can be low due to limited choices.

Answer:

Large bureaucracy, Lack of incentive to work harder