Question

which economic system believes in individual ownership and competition * 2
capitalism
communism
socialism
totalitarianism

Explanation:

Capitalism is an economic - system that emphasizes private or individual ownership of the means of production and competition in the marketplace. Communism advocates for collective ownership and the absence of competition in the sense of a free - market. Socialism has a mix of public and private ownership and less focus on pure competition as in capitalism. Totalitarianism is a political system, not an economic one.

Answer:

A. Capitalism