Question #47e61
1 Answer
Equilibrium is a very challenging thing to gain in an economy due to market unpredictability and is therefore difficult to hold on to.
Explanation:
Equilibrium is a state in which all sides are balanced. In other words, there is no one force more powerful than the others. In an economic situation, this is very difficult to achieve.
For example, take the USA's economy. The Unites States has a free or mixed economy (depending on your viewpoint). This means that individuals hold a great deal of power. It is extremely hard to achieve a time when all the individuals operate under equilibrium. There are too many factors unaccounted for.
It doesn't remain for the same reason. If equilibrium was achieved, the individuals are not likely to remain that way for long.
