How does a socialist government with a command economy manage its economy? the government lets producers set wages for workers. the government owns all homes and other forms of housing. the government allows consumers to make their own choices. the government controls factories and other forms of production.

The correct answer is - The government controls factories and other forms of production.

The Socialist governments with their command economies tend to control all factories in the country, as well as all the production in the country. Everything is planned by the government officials, and it is planned in a way of self-sustainability, and very often that has been causing huge problems.