Question

which type of economic system is based on the public ownership of property and an equal distribution of wealth? a mixed economy b socialism c capitalism d mercantilism

Explanation:

Socialism emphasizes public - ownership of property and aims for a more equal distribution of wealth. Mixed economy has both public and private ownership elements. Capitalism is based on private ownership and market - driven profit. Mercantilism focuses on trade surplus and government control of trade for national wealth.

Answer:

B. socialism