Equality Of Outcome Definition Economics

Although it is not always clearly defined it usually describes a state in which people have approximately the same material wealth or more generally in which the general economic conditions of their lives are similar.

Equality of outcome definition economics. Equality of outcome requires that individuals have some share of goods not merely a chance to obtain them without the hindrance of. Although the debate between the merits of equality of opportunity vs. Equality of opportunity is partly motivated by the plausibility of treating individuals equally and partly motivated by the unattractiveness of giving each person the same or equality of outcome. It describes a state in which people have approximately the same material wealth and income or in which the general economic conditions of their lives are alike.

Although it is not always clearly defined it is usually taken to describe a state in which people have approximately the same material wealth or more generally in which the general conditions of their lives are similar. Equality of outcome equality of condition or equality of results is a political concept which is central to some political ideologies and is used regularly in political discourse often in contrast to the term equality of opportunity. Equality of outcome equality of condition or equality of results is a controversial political concept. Equality of outcome equality of condition or equality of results is a controversial 1 political concept.