Economics A-Level
Equality
What Equality means in Economics A-Level, as defined for AQA.
Definitions of Equality
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Reference: AQA
A positive, objective concept referring to the mathematically equal distribution of resources, where everyone receives the exact same amount.
A positive, measurable fact, unlike equity, which is a normative concept reliant on value judgements.
Topics that use Equality
- The distribution of income and wealth (AQA A-Level)
Related terms
- Asset Ownership
- Asset Price Inflation
- Equity
- Equity vs efficiency
- Flow vs Stock
- Gini coefficient
- Government intervention
- Incentives
Using Equality in the exam
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