👉 In physics, a counterbalance is an object placed at the end of a beam or structure to support its weight and balance. It is often used in structures like bridges, escalators, or even in home construction to ensure stability and prevent tipping.
👉 Counterbalances are a concept in economics that refers to the balance of resources or assets between two parties. In other words, it is the amount of money or assets one party has over another party. This concept can be used to analyze how different factors influence the value of a company's stock or the economic health of an economy as a whole.
👉 Counterbalanced refers to a situation where one or more groups of people are given equal opportunities for participation in an event or activity. This can be achieved by ensuring that each group is given an equal chance of being selected, regardless of their background or status. In other words, if two groups of people are equally likely to be chosen, they should receive the same amount of attention and resources from the organization or community.