Question

government control and ownership is the main characteristic of socilast economy​

Answer 1

Explanation:

This is the core tenet of socialism. In a socialist economy, the means of production and distribution are owned, controlled and regulated by the public, either through the state or through cooperatives. The basic motive is not to use the means of production for profit, but rather for the interest of social welfare.

Answer 2

Answer:

government control and ownership is the main characteristic of socilast economy