The correct answer is C) Although the state exerts strong control over the economy, individuals also make many important economic decisions.
what makes socialism unique from other economic systems is that Although the state exerts strong control over the economy, individuals also make many important economic decisions.
And this is so in modern socialist countries in that people have some kind of participation because their countries have a socialist political system, but regarding the economy, they allow some trade with other nations. In Socialism, the major means of production and the hands of people. The government regulates almost every aspect of production in order to share more equally the wealth among the country's citizens. The main goal of socialist countries or left countries is to narrow the gap that exists between the rich and the poor.
