Which system envisions common ownership of property and means of production, with the goal of equal society?

• A. Capitalism
• B. Communism
• C. Theocracy
• D. Feudalism

Answer: (B)

Common ownership of property and the means of production with the aim of an equal society is a defining feature of communism. In this view, resources and the tools of creating goods—factories, land, and infrastructure—are owned by the community or by the state on behalf of all people, not by individual owners seeking profit. Production is planned to meet everyone's needs, and the goal is a classless society where wealth and opportunities are distributed more equally.

This contrasts with capitalism, which centers on private ownership and market-driven production that often results in unequal outcomes. Theocracy bases governance on religious authority rather than economic ownership structures, and feudalism centers on a hierarchical system where land is owned by lords and worked by peasants under mutual obligations. The description given aligns most closely with communism.