ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Identify whether the following scenarios are examples of equality or equity.Free library card for everyone.
A
Equity
B
Equality
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -For example, equality would be giving everyone the same type of ladder to pick mangoes at the top of a tree. Equity would be realising that not everyone can use the same type of ladder and providing another way for them to reach the mangoes at the top of the tree.

Detailed explanation-2: -Equality means each individual or group of people is given the same resources or opportunities. Equity recognizes that each person has different circumstances and allocates the exact resources and opportunities needed to reach an equal outcome.

Detailed explanation-3: -Examples of Equality. An equality definition explains that individuals should not be discriminated against on the basis of their race, sex, gender identity, class, language, religion, age, sexual orientation, national origin, disability, and so forth.

Detailed explanation-4: -#1. Racial equality. #2. Gender equality. #3. LGBTQ+ equality. #4. Marriage equality. #5. Equality for disabled people. #6. Income equality. #7. Equal employment access. #8. Religious equality. More items

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