Question

Explain the concept of Economic Justice ​

Answer 1

Answer:

Economic justice has been defined as “a set of moral principles for building economic institutions, the ultimate goal of which is to create an opportunity for each person to create a sufficient material foundation upon which to have a dignified, productive, and creative life beyond economics.” Therefore, an economic ...

Answer 2

Answer:

Economic justice is the idea that the economy will be more successful if it is fairer. 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.

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