collective ownership

Which Economic System Comprises The Collective Ownership Of Property?

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Which Economic System Comprises The Collective Ownership Of Property? Socialism is a populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production. Those means include the machinery, tools, and factories used to produce goods that aim to directly satisfy human needs. What is the

What Economic System Calls For A Maximum Of Collective Ownership?

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What Economic System Calls For A Maximum Of Collective Ownership? What economic system calls for a maximum of collective ownership? Socialism is an economic and political system based on collective ownership of the means of production. All legal production and distribution decisions are made by the government in a socialist system. What is socialism and