Question:medium

Which of the following is not correct?

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Remember the ownership pattern in different economic systems: \[ \boxed{ \begin{aligned} \text{Primitive Community} &\rightarrow \text{Common ownership}, \text{Slavery} &\rightarrow \text{Slave owners own land and slaves}, \text{Feudalism} &\rightarrow \text{Land owned by feudal lords}, \text{Capitalism} &\rightarrow \text{Private ownership and production for exchange}. \end{aligned} } \] Mnemonic: Primitive--Common, Slavery--Owners, Feudalism--Landlords, Capitalism--Market.
Updated On: Jul 29, 2026
  • Under primitive community the majority of means of production is common property.
  • Under slavery both means of production and those who use them are property of the slave owners.
  • Under Feudalism land is completely owned by State.
  • Under Capitalism, production is undertaken mainly for exchange.
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The Correct Option is C

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