A system of government which is based on the public ownership of means of production and distribution is called? by Sunday | Jun 17 | Government WAEC | 0 comments A. welfarism B. socialism C. feudalism D. authoritarianism Correct Answer: Option B – socialism Users Also Read These:The private ownership of the means of production is…The transfer of ownership of a public enterprise to…Private ownership of the means of production is central to?A system in which the means of production is held in…Under what system of government does the states…