how does a socialist government with a command economy manage its economy? the government lets producers set…

how does a socialist government with a command economy manage its economy? the government lets producers set wages for workers. the government owns all homes and other forms of housing. the government allows consumers to make their own choices. the government controls factories and other forms of production.

how does a socialist government with a command economy manage its economy? the government lets producers set wages for workers. the government owns all homes and other forms of housing. the government allows consumers to make their own choices. the government controls factories and other forms of production.

Answer

Brief Explanations:

In a socialist - command economy, the government has central control over the means of production. It decides what will be produced, how much, and how resources will be allocated. Allowing producers to set wages (option 1) is more in line with a market - oriented approach. Owning all homes (option 2) is not the main characteristic of managing the economy in a socialist - command system. Allowing consumers to make their own choices (option 3) is also more typical of a market economy. The key feature is government control over factories and production (option 4).

Answer:

The government controls factories and other forms of production.