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
SDG
Metadata
Database
World problems
Type
(D) Detailed problems
Biological classification
N/A
Subject
Content quality
Presentable
Language
English
1A4N
D3507
DOCID
11435070
D7NID
150553
Editing link
Official link
Last update
Oct 4, 2020