economic equity
The situation in which the outcome of an economic transaction is fair to each party. An outcome can usually be considered fair if each party enters into a transaction freely and is not unknowingly at a disadvantage.

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economic equity
The situation in which the outcome of an economic transaction is fair to each party. An outcome can usually be considered fair if each party enters into a transaction freely and is not unknowingly at a disadvantage.

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The situation in which the outcome of an economic transaction is fair to each party is known as economic equity.

The fairness and distribution of economic wealth, tax obligations, resources, and assets in a society are defined as economic equity.

Economic equality is the idea that everyone should be paid equally for a work, regardless of their ethnicity, gender, or other traits that have nothing to do with how well they can do the job. The most straightforward instance of economic equality gone awry is in the pay gaps between men and women.

More people can participate more actively and contribute in ways that improve the performance of the economy as a whole when there is greater economic justice.

To know more about Economic Equality here

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economic equity The situation in which the outcome of an economic transaction is fair to each party. An outcome can usually be considered fair if each party enters into a transaction freely and is not unknowingly at a disadvantage.

Answer :

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economic equity
The situation in which the outcome of an economic transaction is fair to each party. An outcome can usually be considered fair if each party enters into a transaction freely and is not unknowingly at a disadvantage.