Home » Economics » The economic system in which resource are privately owned dis known asThe economic system in which resource are privately owned dis known as The economic system in which resource are privately owned dis known as A. Capitalism B. Socialism C. communism D. unitarism Correct Answer: Option A Explanation Related Posts To control inflation, the monetary authorities of a country can? Which financial institution is charged with the formulation of monetary polices in Nigeria? Which of the following is not a reason why people migrate from one place to… In a planned economy, what shall be produced is determined primarily by? Unemployment can be reduced by? Liquidity preference refers to the?
