Countries with free market economies in which property rights are protected tend to achieve lower economic growth rates than command economies where property rights are poorly protected.

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Quizplus · Accepted Answer

This statement is false. In reality, countries with free market economies and strong protections of property rights tend to experience higher economic growth rates than countries with command economies and weak property rights protections. This is because free markets allow for competition and innovation, leading to increased economic efficiency and productivity. Additionally, strong property rights protections incentivize investment and entrepreneurship, which further drives economic growth.

Countries with Free Market Economies in Which Property Rights Are