A system of government which is based on public ownership of means of production and distribution is called? By: Sunday|Published on: Nov 11|Categories: 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?An economy policy which encourages government…Private ownership of the means of production is central to?The private ownership of the means of production is…The political system which allows equal access to…SEE ALSO Nigeria's ideal of Africa as the centerpiece of her foreign policy includes all the following except?