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What is the diff between equity and equautable share of income |
Answer» Equity means giving income accordingly to their status and skill set,for ex:doctor been given income of rupees 50,000 for a month And a worker given salary of rupees 20,000 for a month..On the other hand equal means giving equal share of income irrespective of their status and skill set,foe ex.:giving all the workers ,doctors,nurses the same salary of rupees 30,000.A doctor wouldn\'t work on d salary of a clerk,thats why equitable distribution is given preferences. | |