Question

what is allocation by need?

Answer 1

Allocation by need is a distribution system in which resources and goods are distributed based on the needs of individuals or groups. It is commonly used in socialist or communist societies as a way to ensure that everyone's basic needs are met without favoritism or discrimination. In this system, goods are distributed based on a person's needs rather than their ability to pay or their contribution to society. Allocation by need also emphasizes the idea of collective ownership and cooperation.