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25 June, 05:57

According to Socialists, what parts of the economy should the government control?

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Answers (2)
  1. 25 June, 06:42
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    In a capitalist economy, the government acts as a regulatory and complementary body. On the other hand, in a socialist economy, the government plays a comprehensive role in almost all economic activities, such as production, distribution, and consumption, of a nation.
  2. 25 June, 06:48
    0
    Most of it.

    Explanation:

    A socialist economy is a system of production where goods and services are produced directly for use, in contrast to a capitalist economic system, where goods and services are produced to generate profit (and therefore indirectly for use). "Production under socialism would be directly and solely for use.
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