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equitable: [adjective] having or exhibiting equity : dealing fairly and equally with all concerned.
Oct 24, 2019 · Distribution of Income (2019 Update) Two key points to remember on inequality: “Inequalities exist not just in income and living standards, but in wealth, health, family environments, life chances and political influence.”. “There are many big forces that drive inequalities, from technological change, globalisation, labour markets and ...
Distribution (economics) In economics, distribution is the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital ). [1] In general theory and in for example the U.S. National Income and Product Accounts, each unit of output corresponds to a unit of income.
Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) is a social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work.
Dec 18, 2023 · Socialism is a populist economic and political system based on the public ownership (also known as collective or common ownership) of the means of production. Those means include the machinery ...
Apr 27, 2022 · Distributive justice concerns the fair and equitable distribution of resources and burdens throughout a society. The principle of distributive justice says that every person should have the same level of material goods (including burdens) and services. The principle is most commonly justified on the grounds that people are morally equal and ...
to equitable distribution of the property of the parties. It is assumed that in making the determination as to the amount and duration of maintenance, the Court would consider the income, if any, which would be produced by the equitable distribution award. One should also take note that the statute does not require the Court to take
