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Advantages: 99.9% equality (citizens). Capable of dramatic change in a short time
Disadvantages: does not meet the wants and needs of consumers. NO incentives for working.
Advantages: Incentives Stable, predictable, and continous life
Disadvantages: Not total equality. Lower standard of living.
Advantages: freedom for everyone. lack of government involvement.
Disadvantages: too young, too old, and too sick to work. doesn´t produce enough public goods. (Ex: defense, education, and health care)
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