11. T F Market Capitalism is based on the belief that democratic means should be used to evenly distribute wealth throughout a society. 12. T F Planned Socialism is a political system characterized by a centrally planned economy with all economic and political power resting in the hands of the central government. 13. T F An economic system is a way in which people decide to organize the production, distribution, and consumption of goods and services. 14. T F All societies answer the three basic questions in the same way. 15. T F Mixed Economy is an economic system in which the central government makes all decisions on the production and consumption of goods and services