Asked by art nerd

Which of the following best summarize the difference between a free enterprise (capitalist) economy and a socialist (communist) economy?In a free enterprise or capitalist economy, consumers have fewer choices of products to buy.
In a free enterprise or capitalist economy, the government controls prices.

In a socialist or communist economy, there are no government regulations.

In a free enterprise or capitalist economy, private individuals own most businesses.
In a socialist or communist economy, the government regulates and owns most businesses.

Answers

Answered by Ms. Sue
Three of the five statements are wrong.
Answered by Art Nerd
I accidentally stole your name. Oops. I am only in6th grade so I don't know the answers. I just came to apologize don't @ me.
Answered by Meyquick
So is anyone going to help?
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