What is an economic system where the government controls the major means of production but property and other businesses may be privately owned?

Socialism is the economic system where the government has a lot of power and controls the resources and means of production but some things can still be privately owned.

A socialist economy is an economic system where the government controls the major means of production but property and other businesses may be privately owned.

A communism economy is where the government controls all aspects of production and how resources should be used and what services will be provided. A capitalist economy is where there is little interaction from the government controlling production and property but that the business itself can determine their production levels. A socialist economy is the mixture of the two systems and allows more freedom for privately owned businesses.

moschino logo plaques womens high top sneaker red

shop 2018 moschino outlet online store, buy moschino logo plaques womens high top sneaker red with big discount, fast delivery and free worldwide

answer; normative economics;