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The positive and negative pointers to each type of economy.?

What are the positive and negative factors of the following economies: >Free Market. >Planned. >Mixed economy.

Public Comments

1. Planned (command) economy -positives: absolutely none -negatives: absolutely everything Mixed -positives: swings aren't so extreme -negatives: there is a cap on prosperity Free-market -positives: anyone can do anything, at any time. The poorest can invent and become one of the richest. Everyone has equal opportunity to be successful and the entire economy thrives like no other -negatives: there is nothing in it for lazy people