Unsystematic allocation of market facilities


Although there are many decisions that can effectively be made by market forces, there are conditions under which the market exacerbates social problems rather than alleviating them. Typically this occurs when there is significant inequality in purchasing power, if decisions are left to market forces, the wrong products get produced in the interests of richer minorities at the expense of the less privileged whose access to scarce resources is progressively eroded.

Commerce Market
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 9: Industry, Innovation and Infrastructure
Problem Type:
D: Detailed problems
Date of last update
04.10.2020 – 22:48 CEST