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19 May, 06:00

Which statement about economic systems is false?

a. While the United States is a market economy, it is not a pure one.

b. Businesses in command economies are driven by profit.

c. In mixed economies, industry is both privately and government-owned.

d. People working in market economies can choose their jobs.

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Answers (1)
  1. 19 May, 08:23
    0
    Choice B is false. Businesses in command economies are driven for the well being of the overall population, they are not driven by profit.
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