d , 15Markets promote responsiveness - As enterprises locomote on the law of allow and demand , producers prioritize on what consumers wantMarkets promote flexibility - aside from existence responsive to consumer demands , producers are besides open to new(a) market trends and conditionsMarkets promote basis - The desire for profit drives companies to cause up with new products and service that entrust ensure them a big market shareMarkets ass deliver media like either early(a) product - Adovcates of the market model assert that without state notice , mass media will also respond to consumer demand , come up with better innovations and will remain flexible and efficient - just like all other goods and serve (Croteau Hoynes , n .d , 15DisadvantagesMarkets are undemocratic - Markets operate on a one-dollar-one-vote chemical mechanism (Croteau Hoynes , n .d , 21 . The much money a consumer has the to a greater extent influence he or she has in the marketplaceMarkets produce diversity - Since markets use money as a medium of give-and-take , it is inevitable that the wealthy will have greater improvement shot to goods and function universe sellMarkets are amoral - Markets sell any(prenominal) can be sold , whether or not what they sell will be disadvantageous to high societyMarkets do not necessarily equalize social ends - in that respect are some services that society has to provide to its members , disregarding of market forces (education , health , etc . If these services are left to the priavte celestial sphere , they will only be operable to the moneyedThe Public field of operation ModelThe public sphere model contends that markets cannot accost all of society s needs (Croteau Hoynes , n .d , 21 . This is because at that place are necessities that must be do accessible to everyone in society notwithstanding their purchasing cater . The...If you want to arrest a full essay, order it on our website: Orderessay
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