Which of the below statements is INCORRECT about a specific market economy such as the U.S. (America); or market economies in general?
In market economies, government bureaucrats direct everything from the number of bars of soap a factory can produce to the number of students who may study electrical engineering.
In the twentieth century, in one market economy, diseases such as polio, tuberculosis, typhoid, and whooping cough had been brought well under control and eradicated.
Complex economies involve billions of transactions every day, the vast majority of which happen without any direct government involvement.
In the twentieth century, in one market economy, life expectancy increased from forty years.
Golden and infant mortality plunged by 93.96%.