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Andre45 [30]
3 years ago
13

Collective ownership by all the people of the factories, mills, mines, railroads, land, and all other instruments of production.

Social Studies
2 answers:
Digiron [165]3 years ago
7 0

Answer:

The right answer is Socialism.  

Explanation:

Socialism is a populist economic system in which the means of production are provided by a central cooperative system and a government owns them. The competition between producers or market system is not allowed in this system, instead the government sets the output and the price levels of good and services. The objective is equivalent distribution of goods and services in order to get to an equitable society.  

Lostsunrise [7]3 years ago
3 0
Socialism is probably the correct answer
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