Question

3. Is this an example of fair and equitable development? Why?​

Answer 1

Answer:

The definition of equitable is something that is fair to all parties. When marital assets are split fairly in a divorce, this is an example of an equitable arrangement.

Answer 2

Fair and equitable development means a development in a manner beneficial to all.

Explanation:

• Fair and equitable development can be used to define development in a manner that benefits all members of society.
• It does not involve equality but equity as people get what they deserve to have a proper position.
• One example of fair and equitable development is the development of backward areas. This would ensure the overall development of the economy as well as the development of people living in the backward areas. This would be equitable as people in developed areas already have better opportunities while people in backward areas need them the most.