A system of government which is based on public ownership of means of production and distribution is called? by Sunday | Nov 11 | Government WAEC | 0 comments A. socialism B. capitalism C. feudalism D. oligarchy Correct Answer: Option A A. socialism Users Also Read These:The political system which allows equal access to…An economy policy which encourages government…Under what system of government does the states…A political system built around land ownership is called?The transfer of ownership of a business from…