Economic equity refers to the fair distribution of wealth, resources, and opportunities within a society. It emphasizes the importance of providing all individuals, regardless of their background, with equal access to economic resources, which can lead to improved quality of life and social stability. By addressing disparities in income and wealth, economic equity aims to create a more just society where everyone has the chance to succeed. Achieving economic equity involves various strategies, such as implementing progressive taxation, enhancing access to education, and promoting fair labor practices. These efforts can help reduce poverty and inequality, fostering an environment where all individuals can thrive and contribute to the economy. Social Justice plays a crucial role in advocating for these changes.