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The post Equality vs. Equity: What’s the Difference? appeared first on Reader's Digest. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign ...
Social equity is concerned with justice and fairness of social policy based on the principle of substantive equality. [1] Since the 1960s, the concept of social equity has been used in a variety of institutional contexts, including education and public administration .
A pro-marriage equality rally in San Francisco, US Equality symbolSocial equality is a state of affairs in which all individuals within society have equal rights, liberties, and status, possibly including civil rights, freedom of expression, autonomy, and equal access to certain public goods and social services.
Equity, or economic equality, is the construct, concept or idea of fairness in economics and justice in the distribution of wealth, resources, and taxation within a society. . Equity is closely tied to taxation policies, welfare economics, and the discussions of public finance, influencing how resources are allocated among different segments of the populati
You might see the terms “equality” and “equity” used interchangeably, especially around conversations promoting fairness when it comes to human rights issues (like gender, race, sexual ...
Equality of outcome, in which the general conditions of people's lives are similar; Substantive equality, Equality of outcome for groups; For specific groups: Gender equality; Racial equality; Social equality, in which all people within a group have the same status; Economic inequality; Equality Party (disambiguation), several political parties
Considered one of the justice theories, equity theory was first developed in the 1960s by J. Stacey Adams, a workplace and behavioral psychologist, who asserted that employees seek to maintain equity between the inputs that they bring to a job and the outcomes that they receive from it against the perceived inputs and outcomes of others. [2]
Maxims of equity are legal maxims that serve as a set of general principles or rules which are said to govern the way in which equity operates. They tend to illustrate the qualities of equity, in contrast to the common law, as a more flexible, responsive approach to the needs of the individual, inclined to take into account the parties' conduct and worthiness.