Which economic system, developed by Polish economist Oskar Lange, integrates the benefits of market allocation with equitable income distribution by sharing the profits from socially owned nonhuman productive assets among all citizens?

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Explanation

Oskar Lange's model of market socialism uniquely combines decentralized market mechanisms with social ownership, allowing the returns from nonhuman productive resources to be distributed evenly across the population. This contrasts with capitalism, mixed economies, and monopolies, which do not emphasize such equitable distribution.

Which economic system, developed by Polish economist… — Development Planning and Policy-making The State, And the Market | PakQuizHub