The Weaknesses Of Canada's Economic System

Decent Essays
There are many flaws in both economic systems, but the command system by far has the most flaws that will affect Canada in a very negative manner. Workers are not given options on where they’ll be positioned for employment. (Investopedia) Secondly, freedom is restricted because command economy is similar to communism where the government makes each and every decision relating to careers and trade. Inhabitants are not able to choose their career path based on interest, instead they are assigned what to do by the force of government. (GreenGarageBlog)Unlike a market system, where innovation is encouraged, a command system differs. With government control, innovation is not a main concern, in contrast to a market system where it is a precedence.

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