This economic system is called<em> socialism.</em>
Socialism is an economic system where everyone in the society equally owns the factors of production. The ownership as such is in the hands of the<em> government</em> that controls all means of production and distribution of goods.
The factors of production are : land, labor, capital and entrepreneurship.
In a socialistic economy, the land is owned by the state and private property is limited and difficult to obtain. Labor is heavily regulated and most people are employed in state-owned companies. Workers do not have many rights and they have to obey the government which also decides what is being produced and in which capacity ( planned economy ).
Socialism does not reward people for being entrepreneurial and competitive as competition is no existing and everybody reaps the same benefits of their work.
<span>Alright they made peace, they conquered other lands, demanded tribute, improved farm lands and irrigations systems for #1. Im sorry I couldnt finish half of the question because I need to go eat dinner!</span>
At the beginning of the great war, many people were actually enthusiastic about the war (and at least supported it), which was fuelled by nationalism ( and the desire to prove themselves better than other nations) and perhaps hopes for territory gain; at the time it was not known that the Great War would come with such a great loss of life.
