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:In any economic system, which of the following is…Government-owned companies operating in the economic…Whatever form an economic system may take, the…The economic system which relies mainly on the price…Resources owned and controlled by a business are…