1. World problems
  2. Unsystematic allocation of market facilities

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.

Broader

Narrower

Aggravates

Aggravated by

Value

Unsystematic
Yet to rate

SDG

Sustainable Development Goal #8: Decent Work and Economic GrowthSustainable Development Goal #9: Industry, Innovation and Infrastructure

Metadata

Database
World problems
Type
(D) Detailed problems
Subject
Content quality
Presentable
 Presentable
Language
English
Last update
Oct 4, 2020