Which of the following statements is false A Government owns

Which of the following statements is false?

	A.	Government owns the means of production in a socialist economy while individuals own the means of production in a capitalist economy.
	B.	The government allocates jobs in a socialist economy while individuals determine employment in a capitalist economy.
	C.	Production is planned by government in a capitalist economy while businesses typically plan production in a socialist economy.
	D.	The government determines prices in a socialist economy while markets determine prices in a capitalist economy.

The correct option is C

Explanation : In a socialist economy , production is planned by the government . In a capitalist economy, businesses typically plan production.