Answer:
socialism
Step-by-step explanation:
In economies that practice socialism, the means of production are owned by the not privately owned like capitalism but are publicly owned meaning that output in the form of goods and services are collectively owned and equally distributed amongst individuals. The example above shows somewhat extreme socialism whereby the consumption of goods and services must be shared equally, publicly and based on needs and not based on private ownership of capital or any unequal privileges. The most extreme socialism may occur when labor is given voluntarily and individuals only get what they need equally