Name the political and economic system in which the government owns and controls the means of production to benefit all the people?

Academy of PakistanTest & Learning

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Academy of PakistanTest & Learning

804Active Users

299EconomicsMedium

AAuthoritarianism

BCommunism

CCapitalism

DSocialism

Correct answer

D. Socialism

Explanation

The correct answer is Socialism.

Name the political and economic system in which the government owns and controls the means of production to benefit all the people? - Answer and Explanation | Academy of Pakistan