Problem

Unsystematic allocation of market facilities

Nature:

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.

Values:
Unsystematic
Problem Type:
D: Detailed problems
Subject(s):
Commerce Market
Systems
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 9: Industry, Innovation and Infrastructure
Date of last update
24.06.2019 – 16:55 CEST