The political and economic doctrine that the means of production (property, factories, and businesses) should be owned or controlled by the people, either communally or through the state, is called what?

Question

Quizplus · Accepted Answer

Socialism is the doctrine advocating for the ownership or regulation of the means of production and distribution by the community as a whole or by a centralized government to ensure an equitable distribution of wealth and goods.

The Political and Economic Doctrine That the Means of Production