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 transfer of ownership of a business from…A system of government in which political leadership…Under what system of government does the states…The type of government in which citizen's rights and…The private ownership of the means of production is…