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Social StudiesSocial Studies
17 October, 17:15

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. 17 October, 17:32
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    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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Home » Social Studies » 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.
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