answersLogoWhite

0


Best Answer

Economic equity is the concept of fairness in economics, especially concerning taxation or welfare.

    User Avatar

    Wiki User

    9y ago
    This answer is:
    User Avatar

    Add your answer:

    Earn +20 pts
    Q: What is a good definition of economic equity?
    Write your answer...
    Submit
    Still have questions?
    magnify glass
    imp
    Related questions

    What is the definition of 'equity market'?

    In relation to stock-exchange, an equity market refers to a public entity through which company shares (or stock) is bought and sold depending on the basic economic principle of supply and demand.


    What is the definition economic gain?

    The definition of economic gain is opportunity costs that are deducted from revenues earned. Economic gains are good as it means a country is growing financially and economically.


    What is the relationship between brand loyalty and brand equity?

    Definition of brand loyalty definition of brand equity measurement of brand equity and brand loyalty relationship between brand equity and brand loyalty


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

    economic equity


    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.


    What is the goal of Economic equity and economic freedom?

    The issue of fairness underscores the goal of economic equity. Americans want their economic system to be fair and just. The goal of economic freedom is to allow each member of society to make choices.


    What 5 major economic goals?

    Economic Effiency Economic Freedom Economic Security Economic Equity Economic growth and Innovation


    Where can a person find an explanation detailing the definition of return on equity?

    The definition of return on equity is the amount of net income returned as a percentage of shareholders equity. More information can be found at Investopedia and Wikipedia.


    What is the definition of injustice'?

    Unfairness, or a lack of equity.


    Definition of accounting equation?

    Assets = Liabilities + Equity


    What is an equity interest definition in science?

    An equity interest definition in science refers to a proportion of ownership, typically via investment in a business. Stocks are also known as equities.


    What are the criteria for judging in economic system?

    There are many criteria that can be used to judge an economic system, but the main ones are efficiency and equity. Efficiency is defined as not just having markets that fit the theoretical definition of efficient, but having growth in the size of the economy and lots of innovation. Equity is the distribution of the income. The most efficient economy in the world does no good if the income from it is owned by a few people, and the rest live in wretched poverty. Equity also means the ability of every person to have the necessities of life, such as food, clothing, shelter, education, health care, etc.