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What was the description of socialistic approach to the goal of equitable distribution of wealth?

The description of socialistic approach tot he goal of equitable distribution of wealth is the democratic process. The socialist's main concern with capitalism is that it creates economic inequality.


How can government ensure equitable distribution of resources to encourage agricultural development?

Governments can ensure equitable distribution of resources for agricultural development by implementing targeted policies that address the specific needs of marginalized and smallholder farmers. This includes providing access to credit, training, and technology tailored to different regions and farming practices. Additionally, establishing fair land tenure systems and investing in rural infrastructure can help facilitate better access to markets. Finally, promoting inclusive participation in decision-making processes ensures that the voices of all stakeholders are heard, fostering a more equitable agricultural landscape.


Define economics using the following terms allocation distribution goods resources production and services?

I am presuming that economics refers to a certain type of science that serves with the inquiry of consumption of goods, allotment/allocation distribution, and both the production and distribution of services and goods. Economics can help solve the problem of resource recycling for the benefit of mankind.


What are the different ways to allocate resources?

Resources can be allocated through various methods, including market-based allocation, where prices determine distribution based on supply and demand. Command allocation involves centralized decision-making by authorities to distribute resources according to specific goals. Additionally, resources can be allocated through participatory approaches, allowing stakeholders to engage in decision-making processes. Lastly, random allocation can be used for equitable distribution, often seen in lotteries or grants.


What is equitable income distribution?

Equitable income distribution is the concept or idea of fairness in taxation and welfare. It can refer to equal life chances regardless of identity, to provide all citizens with a basic and equal minimum of income, goods, and services or to increase funds and commitment for redistribution.

Related Questions

A sentence with distribution in it?

The distribution of gifts happens at Christmas time


What does distribution of resources mean?

The distribution of resources refers to the way in which various resources—such as wealth, goods, services, and opportunities—are allocated among individuals, groups, or regions within a society. This distribution can be influenced by factors such as economic systems, government policies, and social structures, leading to varying levels of access and equity. An equitable distribution aims to ensure that all individuals have fair access to essential resources, while an unequal distribution can result in disparities and social tensions.


What is the meaning behind the word equitable?

Equitable means fair and just, implying the distribution of resources or opportunities in a way that is impartial and unbiased. It is often used to describe a system or process that aims to ensure equality and fairness for all involved.


Differentiate equal distribution from equitable distribution?

Equitable refers to fairness. For example, an equal distrbution of marks in an exam would require that everyone got exactly the same score. An equitable distribution wold reflect the fact that some people gave better answers than others and so were more "deserving" of a higher mark.


If Montana is not a community property state what is it?

Montana is an equitable distribution state.


Is it possible to end world hunger?

While ending world hunger is a complex challenge, it is possible with a combination of political will, sustainable agricultural practices, equitable distribution of resources, and international cooperation.


What are the causes of the depletion of natural resources?

1. Excessive or unecessary use of resources. 2. Non-equitable distribution of resources. 3. Technological and industrial development. 4. Erosion. 5. Irrigation. 6. Mining for oil and minerals. 7. Drainage of wetlands. 8. Deforestation.


What was the description of socialistic approach to the goal of equitable distribution of wealth?

The description of socialistic approach tot he goal of equitable distribution of wealth is the democratic process. The socialist's main concern with capitalism is that it creates economic inequality.


What statement best summarizes resource distribution on earth?

Resource distribution on Earth is unequal, with some regions having abundant natural resources while others face scarcity. This disparity in resource availability can lead to economic imbalances, geopolitical tensions, and environmental degradation as countries compete for limited resources. Sustainable resource management and equitable distribution are important for ensuring global stability and well-being.


What is a reason of cluster distribution in organisms?

One reason for cluster distribution in organisms is the need for resources. Cluster distribution allows organisms to maximize their access to resources such as food, water, or nesting sites. By living in close proximity to one another, organisms can benefit from shared resources and protection from predators. In addition, cluster distribution can facilitate social interactions and cooperative behaviors, enhancing the survival and reproductive success of individuals within the cluster.


How can government ensure equitable distribution of resources to encourage agricultural development?

Governments can ensure equitable distribution of resources for agricultural development by implementing targeted policies that address the specific needs of marginalized and smallholder farmers. This includes providing access to credit, training, and technology tailored to different regions and farming practices. Additionally, establishing fair land tenure systems and investing in rural infrastructure can help facilitate better access to markets. Finally, promoting inclusive participation in decision-making processes ensures that the voices of all stakeholders are heard, fostering a more equitable agricultural landscape.


Is New York an equitable distribution state?

Yes, New York is an equitable distribution state when it comes to divorce laws. This means that marital property is divided fairly and equitably, but not necessarily equally, between spouses in the event of a divorce.