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An economic system in which the state owns all means of production and determines what will be produced and who will receive the results is

socialism
communism
free enterprise

2 Answers

3 votes
The answer is socialism
User Bonneville
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1 vote

Answer:

socialism

Step-by-step explanation:

Socialism is a populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production. Those means include the machinery, tools, and factories used to produce goods that aim to directly satisfy human needs.

User Paul Rumkin
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