Question

Which of the following groups believed that the means of production should be owned by society as a whole?

A
private entrepreneurs
B
socialist
C
capitalist

Answer 1

B- private socialists and capitalists aren't in that field of business, so they can be ruled out right away. B is the answer.

Answer 2

The answer is B (Socialist).

It would not be Private Entrepreneurs and Capitalist since they support private control of production. Socialism on the other hand believes that production should be controlled by the workers themselves.