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18 June, 12:50

What is the difference between a free enterprise economy and a socialist economy?

A.

In a socialist economy, there are no government regulations.

B.

In a socialist economy, there are more government regulations.

C.

In a free enterprise economy, consumers have fewer choices of products to buy.

D.

In a free enterprise economy, the government controls prices.

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Answers (1)
  1. 18 June, 14:42
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    In a socialist economy, there are more government regulations.

    Explanation:

    in socialism, government controls prices, who sells, and more.
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