The economic system in which resources are privately owned dis known as? by Sunday | May 26 | Economics WAEC | 0 comments A. Capitalism B. Socialism C. communism D. unitarism Correct Answer: Option A A. Capitalism Users Also Read These:The process of taking over the management and…In which of the following economic system do we have…Whatever form an economic system may take, the…Economic growth is different from economic…The economic system which relies mainly on the price…