Question

In a Socialist economy, the government controls the prices of basic goods and services in order to ensure that O No one corporation gains too much power O The government has enough money to pay for defense All citizens have access to essential services Everyone has an incentive to be successful​

Answer 1

No one corporation gains too much power

Step-by-step explanation:

Socialism is a political and economic theory which is based on collective ownership of property and proper distribution and ownership.

Therefore, in a socialist economy, the government controls the prices of basic goods and services in order to ensure that no one corporation gains too much power