Civic Literacy Exam Practice Test
Civic Literacy Exam Economic Systems & Government's Role 2
What is the primary difference between a market economy and a command economy?
Select your answer
A
In a market economy, prices are determined by supply and demand; in a command economy, the government controls production and prices
B
A market economy is government-run while a command economy is privately run
C
A market economy exists only in democracies while a command economy exists only in dictatorships
D
A market economy bans private property while a command economy protects it
Hint
