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:Under what system of government does the states…In which of the following economic system do we have…Private ownership of the means of production is central to?A political system built around land ownership is called?The practice whereby government relinquishes its…