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    Exam 16: The Economics of the Environment, and Natural Resources
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    "One of the Failings of a Market System Is the Damage
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"One of the Failings of a Market System Is the Damage

Question 48

Question 48

Essay

"One of the failings of a market system is the damage to the environment.Pollution would not exist with a centrally planned economy." Evaluate this statement.

Correct Answer:

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Market systems fail to include external ...

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