Public ownership of the means of production refers to the form of ownership in which the means of production are jointly owned, occupied, controlled and used by joint workers. The forms of public ownership in the primary stage of socialism mainly include ownership by the whole people, collective ownership, state-owned components and collective components in mixed-ownership economies, and joint-stock cooperative systems.
Private ownership of the means of production is referred to as "private ownership". The form in which the means of production are privately owned. It is the product of the development of human social productivity to a certain stage. In the late primitive society, with the development of productivity and the use of metal tools.
People's ability to transform and conquer the natural world has strengthened, individual labor has become possible, families have become independent production units, production means and products are owned by families, and private ownership has emerged. The development of social division of labor and commodity exchange accelerated the formation of private ownership.
Extended information:
The elimination of private ownership of the means of production and the establishment of public ownership of the means of production are the most important features of socialism and the decisive difference between the socialist system and the capitalist system.
Under the premise that public ownership is the main body, the development of a diverse ownership economy is an objective need and inevitable requirement for the development of my country's social productivity. It is conducive to the rapid development of our country's economy, the enhancement of comprehensive national strength and the development of the people. Living standards continue to improve.
Marxism believes that ownership is the basis of production relations, which determines the relationship between people in production, product exchange and distribution; the sum of production relations forms the basis of the entire society, which determines the society political, legal, cultural and other systems. Therefore, the form of ownership of the means of production is the fundamental symbol that distinguishes various social systems.
Baidu Encyclopedia-Private ownership of the means of production
Baidu Encyclopedia-Public ownership of the means of production