economic justice 10 line
Answers
Answer:
KEY TAKEAWAYS
1.Economic justice is the idea that the economy will be more successful if it is fairer.
2.The goal is to create opportunities for all to thrive and that prosperity and justice go hand-in-hand rather than in opposition to one another.
3.Universal basic income, income equality by gender and race, equal opportunity for employment and credit, and allowing all to reach their full potential are all tenets of economic justice
Explanation:
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Answer:
Economic justice is a component of social justice and welfare economics. It is a set of moral and ethical principles for building economic institutions, where the ultimate goal is to create an opportunity for each person to establish a sufficient material foundation upon which to have a dignified, productive, and creative life.
Explanation:
The concept of economic justice intersects with the idea of overall economic prosperity. There is a belief that creating more opportunities for all members of society to earn viable wages will contribute to sustained economic growth. When more citizens are able to provide for themselves and maintain stable discretionary income, they are more likely to spend their earnings on goods, which in turn drives demand in the economy.