A major distinguishing feature between capitalist and socialist (or command) economies is that

ECONOMICS

Multiple Choice

A major distinguishing feature between capitalist and socialist (or command) economies is that

a.under capitalism the average citizen is always wealthier than in socialist economies

b.decision making is typically decentralized in socialist economies and is centralized in capitalist economies

c.socialist countries all have red flags and capitalistic economies do not

d.resources are publically owned in capitalist economies

e.decision making is typically decentralized under capitalism while it is centralized in command economies

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