And I'd like to know reliable website about economics in which I can ask and learn about development economics.
2006-08-28 03:24:03 · 5 answers · asked by Anonymous in Social Science ➔ Economics
Equality is the opposite of discrimination.
Equity is an accounting term. To compute equity, you subtract liabilities from assets.
2006-08-28 04:10:40 · answer #1 · answered by NC 7 · 0⤊ 0⤋
Equality is having the same predetermined characteristics. Equity is having relative predetermined characteristics. For example, as humans women and men are equal, and as parents the mother is more important to the baby than the father. In economics all citezens are equal in sharing the government services where as government pays an enginner more than a guard.
2006-09-01 03:28:49 · answer #2 · answered by mekaban 3 · 0⤊ 0⤋
Equality, things that share the same quality & value - An Apple for Apple comparison.
Equity (plus/minus) - The difference or delta between orginal state & the next change (time). Also, a difference from purchase price to selling price or an appraisal from a bank/ value institution.
2006-08-28 10:41:08 · answer #3 · answered by honker 4 · 0⤊ 0⤋
Equality means equal to another. Equity is the money or worth you have in a house of property.
2006-08-28 10:31:10 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Here is a page with a pretty complete definition, hope it helps.
http://www.kenexa.com/newsletter/09051.asp?uid=1&tbl=test
2006-08-28 10:32:33 · answer #5 · answered by Kitty 3 · 0⤊ 0⤋