The Factors of Production Are Collectively Owned in _____ Economy

The factors of production are collectively owned in _____ economy.

A) there is no incentive for the government to provide services to the citizens.
B) private ownership of factories and farms creates a risk-free environment for the development of new ideas.
C) there are few incentives for people to take risks and develop new products.
D) private firms and individuals can develop new products and methods and profit from those inventions.