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.