Which situation is more likely to occur in a Market Economy than a Command Economy?(1 point) Responses a citizen designs a new game and opens a store to sell it a citizen designs a new game and opens a store to sell it people line up for scarce products. people line up for scarce products. the government controls all aspects of business the government controls all aspects of business government sets prices on good sold government sets prices on good sold
A citizen designs a new game and opens a store to sell it.
The situation "a citizen designs a new game and opens a store to sell it" is more likely to occur in a Market Economy than in a Command Economy.
In a Market Economy, where the production and pricing of goods and services are primarily determined by supply and demand, the situation where a citizen designs a new game and opens a store to sell it is more likely to occur. This is because individuals have the freedom to create and sell their own products in a competitive market. They have the ability to innovate, start businesses, and make independent decisions based on their own interests and entrepreneurial opportunities.
On the other hand, in a Command Economy, the government controls all aspects of business and sets prices on goods sold. In this system, decisions regarding production, distribution, and pricing are made by the government, often with the goal of achieving specific economic and social objectives. It is less likely for a citizen to freely open a store and sell their own products under such a regime as the government exercises significant control over economic activities.
Therefore, in the context of these two economic systems, the situation where a citizen designs a new game and opens a store to sell it is more likely to occur in a Market Economy rather than a Command Economy.