DIFFERENCE BETWEEN EQUITY AND EQUALITY?

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the difference between equity in the distribution of income and equality in the distribution of income??

[zofromuxo]

Equity distribution of income is an economic goal that outlines "that all Australians have sufficient income to purchase those goods and services that enables them to have a 'dignified' standard of living; to avoid absolute poverty and to ensure huge or obscene inequalities in income are avoided.

Equality in the distribution of income is that every Australian will earn the same amount of income.

A good way to remember it is
Equity=Fairness
&
Equality=Evenness