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:An economic system in which most capital goods are…An economic system in which most means of production…Economic growth is different from economic…The process of taking over the management and…Resources owned and controlled by a business are…