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In a socialist economy, Multiple ChoicThe first step in the decision-making process is developing options to resolve a situation. Group starts True or Falsee consumers

In a socialist economy, Multiple ChoicThe first step in the decision-making process is developing options to resolve a situation. Group starts True or Falsee consumers have a wide choice of goods and services. everyone works for government organizations. the government owns all businesses, large and small. competition is restricted in major industries. demand and supply have no role to play in the pricing of products and services

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