In the context of resource allocation, what does the term 'equity' refer to? (20

In the context of resource allocation, what does the term 'equity' refer to? (2023)

In the context of resource allocation, what does the term 'equity' refer to? (2023)

Step 1: Understand what 'resource allocation' means. It is how resources (like money, food, or services) are distributed among people.
Step 2: Learn what 'equity' means. It is about fairness and justice in how things are shared.
Step 3: Combine the two ideas. 'Equity in resource allocation' means making sure that resources are shared fairly so that everyone can get what they need.
Step 4: Remember that equity is not the same as equality. Equity focuses on giving people what they need to succeed, which may not be the same for everyone.

No concepts available.