Collectivism refers to the management of state enterprises in a?

A. mixed economy
B. co-operative organizations
C. capitalist economic system
D. socialist economy

Correct Answer:

Option D = socialist economy

Explanation

Collectivism is a political-economic theory that advocates for a collective control of resources, especially over production and distribution. It is the opposite of individualism which seeks individual ownership of production factors

It is associated with socialism which advocates for collective ownership of resources, rather than by individuals.