Business

Business, 17.07.2019 14:40, amandaclark255

Which economic system comprises the collective ownership of property?

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What is the economic and political system in which the government controls property and the distribution of income? in this system, community ownership replaces private ownership. question 1 options: theocracy monarchy fudamentalism socialism

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Private ownership allows people to decide how they will use their property, a. as long as their property is put to productive use. b. as long as they do not invade or damage the property of others. c. and therefore people can do anything they want with property they own. d. and, as a result, resources will be directed toward selfish, private goals rather than collective objectives, such as strong economic growth.

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