Question

What is allocation by need?

(1 point)

pricing goods based on want rather than need

giving or selling goods only to people who most need them

giving or selling goods to whoever will stand in line the
longest

pricing goods so that even the most vulnerable members of society can afford them

Answer 1

[AI-generated answer — Bot GPT 3.5]

Allocation by need is giving or selling goods only to people who most need them. It involves prioritizing the distribution of goods to those who require them the most, usually based on factors such as financial need, health conditions, or other forms of vulnerability. This concept aims to ensure that even the most vulnerable members of society can access necessary resources.