A. Capitalism
B. Socialism
C. Marxism
D. None of These
Submitted by: Areesha Khan
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Marxism, based on Karl Marx’s theories, advocates for collective ownership of the means of production and a strict form of equality to eliminate class distinctions. Socialism is broader and can include various forms, not necessarily rigid equality. Capitalism is based on private ownership and markets, not collective ownership.
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The correct answer to the question: "________ believes in rigid type of equality and aimed at the collective ownership of all means of production." is "Marxism".