Production ownership
(Redirected from Ownership of the means of production)
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Production ownership – or, more precisely, ownership of the means of production – refers to one of the major attributes that distinguish different economic systems.
Some examples:
| System | who owns the means of production |
|---|---|
| capitalism | private citizens, largely for their own benefit |
| socialism | workers/employees |
| communism | the government, supposedly on behalf of the people |