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the distribution of income :poverty and inequality > equity and equality > Flashcards

equity and equality Flashcards

1
Q

equity

A

means everyone is treated fairly.equity is a normative concept

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2
Q

equality

A

Equality means that everyone is treated the same. A completely equal distribution of income means that everyone has the same income. . Equality is a Positive Concept.

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the distribution of income :poverty and inequality (4 decks)

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