equitable wealth distribution

Equitable wealth distribution refers to the fair allocation of resources and wealth within a society, aiming to reduce disparities between the rich and poor. Instead of everyone receiving equal amounts, it recognizes that some individuals may need more support due to disadvantages, like socioeconomic background or education. The goal is to create opportunities for all, ensuring that everyone can access basic needs such as healthcare, education, and housing. This approach seeks to promote social justice, economic stability, and overall well-being, fostering a society where individuals can thrive regardless of their starting point in life.