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Equity function of government

Updated: 11/5/2022
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which of these describes the far right of the economic spectrum

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Q: Equity function of government
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In an economic function what is equity?

In an economic function, equity is when the appointment of resources is considered fair. Government economic functions include providing public services and maintain a national defense.


Description of the equity function of government?

The equity function of government is concerned with the ability of all people to have their basic fundamental needs fulfilled. Programs to aid the poor and redistribute some of the wealth are the goals of a government that favors equity.


In this economic function the government uses a process such as redistribution to assist the poor or handicap?

Equity


What type of economic function is it when the federal government provides medical assistance to retired citizens through the medicare program?

equity :D


In which economic function does government use a process such as income redistribution to assist the poor or handicapped?

equity


In this economic function the government uses a process such as income redistribution to assist the poor or handicapped.?

Equity


What function did the government use a process such as income redistribution to assist the poor or handicapped?

In a socialist economic function, the government uses a process such as income redistribution to assist the poor or the handicapped.


What type of economic function fits this description The federal government provides medical assistance to retired citizens through the Medicare Program.?

equity


Which of these is the best description of the equity function of government?

The government attempts to correct market failures like monoplies


What goals does the government pursue in a socialist economy?

Equity


What goals the government pursues in a socialist economic system?

equity


The Preamble to the Constitution lays out the main ideas of the American vision of government but does not specify providing for?

economic equity