What is the difference between a free enterprise economy and a socialist economy?
A.
In a socialist economy, there are no government regulations.
B.
In a socialist economy, there are more government regulations.
C.
In a free enterprise economy, consumers have fewer choices of products to buy.
D.
In a free enterprise economy, the government controls prices.
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In a socialist economy, there are more government regulations.

Explanation:

in socialism, government controls prices, who sells, and more.

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