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:A political system built around land ownership is called?The transfer of ownership of a business from…A system of government which allowed individual…In which of the following economic system do we have…A system in which the means of production is held in…