Economic Equity

Economic Equity refers to a state where there is a fair distribution of wealth, resources, and opportunities among all individuals in a society. It implies that everyone has similar access to economic resources, including income, property, education, and employment, regardless of their background, gender, race, or other characteristics. The goal of Economic Equity is to reduce disparities in living standards and to ensure that all individuals have the opportunity to achieve financial stability and success. This concept is often contrasted with economic inequality, where significant disparities exist between different groups in society.