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Which statements about the difference between capitalism and communism are not true? In capitalism, individuals can start their own business; in communism, the government owns all companies.

In capitalism, the government makes all economic decisions; in communism, business owners decide for themselves.

Capitalism allows people to work for themselves or a company; communism considers all workers to be government employees.

Capitalism encourages competition in the marketplace; communism does not allow it.

User Fee
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Answer: In capitalism, the government makes all economic decisions; in communism, business owners decide for themselves.

Step-by-step explanation:

User Jistr
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Hello, the answer should be "In capitalism, the government makes all economic decisions; in communism, business owners decide for themselves."

Because capitalism is an economic system based on private ownership of the means of production and their operation for profit. It emerged in the 16th century as a free market economy. Features at the heart of capitalism include private property, capital accumulation, wage labor, voluntary barter, a price system, and competitive markets. In a capitalist market economy, decision making and investment are determined by the owners of the factors of production in the financial and capital markets. Prices and distribution of goods are predominantly determined by competition in the market.

User Raffaella
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