Question

What economic system allows individuals to own as much land as they can purchase?

Answer 1

Nationalism and globalism are really schools of public policy, rather than economic systems. Communism and capitalism are, however, economic systems, and very different ones. Under communism, the government is responsible for the holding and appropriation of land, which is generally collectivized for shared us. Under capitalism, however, land, like other goods, is exchanged on the open market, and anyone with the means can purchase it as they desire. As such, the answer is c) Capitalism.