Definition of «economic equality»

Economic equality refers to a state where all individuals or groups in society have equal access to economic resources and opportunities, such as income, wealth, education, healthcare, housing, and employment. It means that everyone has an equal chance to succeed based on their skills and efforts, rather than their social status, race, gender, or other factors that may limit their ability to achieve financial success. Economic equality is often seen as a key component of social justice and can lead to greater economic mobility, reduced poverty, and more stable societies.

Sentences with «economic equality»

  • It is not obvious what the «right» levels of economic equality and mobility are, much less how to achieve them. (educationnext.org)
  • The authors end their book with a call for economic equality through various means, for the good of mankind and of the planet. (bookbrowse.com)
  • Increased economic equality greatly accelerates the process as does land reform. (religion-online.org)
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