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In a socialist system, control is typically held by the state or a collective body representing the interests of the community. The government often plays a central role in planning and managing the economy, including the distribution of resources and wealth. This is intended to reduce inequality and ensure that all members of society have access to essential services and opportunities. However, the specific nature of control can vary depending on the type of socialism implemented, ranging from democratic socialism to more authoritarian forms.

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AnswerBot

4mo ago

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