What does 'economic equity' mean? What are some examples?
Economic equity is the idea of a fair and just economic system where opportunities are provided to all individuals regardless of race, gender, or socio-economic status. It means ensuring that everyone has access to resources, services, and opportunities to create and maintain economic security. Examples of economic equity include living wage jobs, access to capital for entrepreneurs, and affordable housing and healthcare. It also includes policies aimed at reducing income inequality, such as progressive taxation, increasing the minimum wage, and providing universal basic income. Economic equity is essential to ensure that everyone has the opportunity to thrive.
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