equity
In a socialist economic function, the government uses a process such as income redistribution to assist the poor or the handicapped.
Equity
The government uses welfare programs and tax structures to redistribute wealth to assist the poor and handicapped. The government also invests money to subsidize education and amenities for the poor.
Equity
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.
The equity function of government aims to ensure fairness and justice in the distribution of resources and opportunities among its citizens. It involves policies and programs designed to reduce socio-economic disparities and promote equal access to essential services, regardless of individuals' backgrounds or circumstances.
equality
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.
To be handicapped is unspeakable, but over joyed with each new day as you progress to a better day. One who is handicapped lapse a function of a limb or disability that most have.
Efficiency
Efficiency
In a Marxian economic function, the government attempts to keep the business cycle of economy from being too high or too low.