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What does the term 'equity' mean, in economics?
Well-Ordered Society
A society that is structured and organized in such a way that it promotes the welfare and justice for all its members.
Government Power
The official authority and control exercised by the governing bodies of a state, encompassing all its mechanisms and actions.
Rational Behavior
Decision-making processes that are logical and based on weighing the benefits and costs of various options.
Goal-Oriented Behavior
A pattern of behavior driven by the pursuit of specific objectives or desired outcomes, often characterized by focused effort and planning.
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