A lack of incentives to protect the environment is a weakness of both market economies and planned economies.

Question

Quizplus · Accepted Answer

Both market economies and planned economies can suffer from a lack of environmental protection incentives because market economies focus on profit maximization, often overlooking environmental costs, while planned economies may prioritize rapid industrialization or other goals over environmental protection, leading to insufficient incentives for conservation and sustainable practices.

A Lack of Incentives to Protect the Environment Is a Weakness