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Collective ownership of property is associated with

Collective ownership of property is associated with
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Feudalism
  • B Communism
  • C Mercantilism
  • D Capitalism
Correct Answer: Option B
Explanation:
Collective ownership of property is associated with Communism .
It should be noted that Communism is a social system where the means of production, distribution and exchange are completely owned and managed by the State. The economy is operated centrally and individuals have little or no opportunity for private enterprises.

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