Examlex
What is one way equity is described in the public sector?
Social Development
Refers to the process by which individuals and societies improve well-being, often through evolving social structures, policies, and norms.
Absolute Poverty
A condition where individuals lack the minimum amount of income or resources necessary to maintain basic living standards and needs.
U.S. Poverty Line
A measure used by the federal government to define the threshold below which individuals or families are considered to be living in poverty, based on income.
Western Capitalism
A socio-economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined primarily by competition in a free market.
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