What is best described by this statement:
"While private individuals technically own the factors of production, it is the government that oversees (through planners) the allocation of resources and makes economic decisions"?

A: communism

B: capitalism

C: traditional economy

D: socialism


Answer :

Answer:

B.Capitalism

Explanation:

In terms of private individuals, everything is in option B,

Answer:

Socialism

Explanation: Study guide says so?