The correct answer is:
B. Command economies regulate businesses more strictly than market economies.
In command economies, the government makes all the decisions regarding the production and distribution of goods and services, leading to strict regulations over businesses. In contrast, market economies operate on the principles of supply and demand, allowing for more freedom for entrepreneurs and businesses to make decisions without as much government interference.
The other options are incorrect as follows:
- A: Command economies typically do not encourage entrepreneurship as much as market economies, where individuals have the freedom to start and run businesses.
- C: Command economies generally provide fewer choices for consumers since the government dictates production, whereas market economies allow for greater consumer choice based on consumer demand.
- D: Command economies often have limited private property protections, while market economies tend to emphasize the protection of private property rights.