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Ownership
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===Ownership models=== * [[State ownership]]: ownership of an [[Industry (economics)|industry]], [[asset]], or [[business|enterprise]] by the [[State (polity)|state]] or a [[public body]] representing a community as opposed to an [[individual]] or private party. ** [[Public ownership]]: ownership and operation of an enterprise by a central government;{{sfn|Ammer|Ammer|1986|p=379}} also an [[Ambiguous terms|ambiguous term]] that could refer to either social, partial state, or full state ownership.<ref>{{Cite book | url=https://books.google.com/books?id=t9uGDAAAQBAJ&pg=PA421 | title=The Palgrave Macmillan Dictionary of Political Thought| isbn=9780230625099| last1=Scruton| first1=Roger |author-link=Roger Scruton| date=2007-02-07}}</ref> * [[Private ownership]]: exclusive ownership of property by non-governmental [[Legal personality|legal entities]].<ref>{{cite book |last1=McConnell |first1=Campbell |last2=Brue |first2=Stanley |last3=Flynn |first3=Sean |title=Economics |publisher=Twayne Publishers |location=Boston |page=G-22 |year=2009 |isbn=978-0-07-337569-4}}</ref> ** [[Fractional ownership]]: ownership held in percentage [[Share (finance)|shares]] of an expensive [[asset]], sold to individual owners, who are charged fees for the [[Asset management|asset's management]] and variable use. * [[Collective ownership]]: either joint ownership of an economic entity (e.g., a [[cooperative]]) or public ownership.<ref>{{Cite book |last1=Ammer |first1=Christine |last2=Ammer |first2=Dean S. |title=Dictionary of Business and Economics |date=1986 |isbn=978-0-02-901480-6 |publisher=[[Simon and Schuster]] |df=mdy-all |url=https://books.google.com/books?id=rtBR4r_FT1IC&pg=PA83 |page=83 }}</ref> ** [[Cooperative ownership]]: ownership by the people who together operate and trade with an enterprise.<ref>{{Cite book | url=https://books.google.com/books?id=1Yb2eAR3ROQC&pg=PA64 | title=Dictionary of Business| isbn=9781579580773| last1=Collin| first1=Peter Hodgson| year=1998}}</ref> ** [[Common ownership]] non-exclusive ownership of property by everyone involuntarily. * Property is also distinguished by whether it is movable ([[personal property]])<ref>{{Cite book | url=https://books.google.com/books?id=11g0CgAAQBAJ&pg=PA667 | title=The Encyclopedia of Theoretical Criminology| isbn=9780470658444| last1=Mitchell Miller| first1=J| date=2014-04-07}}</ref><ref>"Personal property". Sir Robert Harry Inglis Palgrave. Dictionary of political economy, Volume 3. 1908. p. 96</ref> or immovable ([[immovable property]] and [[real property]]). * Property can also be distinguished by whether or not it is owned with [[exclusive right]]s, such rights grant owners a monopoly to refuse ownership to non-owners. * Concerning ownership of [[means of production]] and delineating which groups receive the direct profits, capitalism's private ownership is distinguished from socialism's [[social ownership]].<ref>{{Cite book |last1=Scruton |first1=Roger |author-link=Roger Scruton |title=The Palgrave Macmillan Dictionary of Political Thought |url=https://archive.org/details/palgravemacmilla00scru_887 |url-access=limited |date=2007 |isbn=978-1-4039-8951-2 |edition=3rd |publisher=Palgrave Macmillan |df=mdy-all |pages=[https://archive.org/details/palgravemacmilla00scru_887/page/n658 644]β645 }}</ref> * Ownership of resources can be distinguished as either as individual or communal, analogous to private or public in delineating who has rights of use.<ref>{{Cite book | url=https://books.google.com/books?id=7n9ODwAAQBAJ&pg=PT3924 | title=The SAGE Encyclopedia of Lifespan Human Development| isbn=9781506353319| last1=Bornstein| first1=Marc H| date=2018-01-15}}</ref>
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