👉 Inequality is a concept in mathematics and philosophy that refers to the unequal distribution of resources or opportunities among individuals. It can refer to the unequal distribution of wealth, power, or other forms of economic status between different groups. Inequalities are often seen as harmful because they create social and political divisions, limit access to education and opportunity, and undermine the basic human rights and dignity of people who are not at the top of the income or social ladder.
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What is the definition of Inequitable? 🙋
👉 In an equitable exchange, both parties receive equal benefits or outcomes. In a situation where one party receives less than what they are entitled to, it is considered unfair and unequal. For example, if one party received 10% of the total value while another received only 5%, this would be considered inequitable because it goes against the principle of fairness and equality.
