The Economic and Governmental System Based on Public Ownership of the Means

question 27

Multiple Choice

The economic and governmental system based on public ownership of the means of production and exchange is called

• A)socialism.
• B)feudalism.
• C)libertarianism.
• D)capitalism.
• E)democracy.

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Definitions:

Alexander Graham Bell

Known as the inventor of the telephone, he was a key figure in the development of communication technology in the 19th century.

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The act of safeguarding and maintaining information or skills through various means over time.

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Orville and Wilbur Wright, American inventors and aviation pioneers who are credited with inventing and building the world's first successful motor-operated airplane.