Equity as defined in a market system requires that every person receive:
A) the same amount of goods and services as every other person.
B) a sufficient amount of goods and services to satisfy their needs.
C) an amount of goods and services based on their contribution to production.
D) none of the above.

Question

Quizplus · Accepted Answer

Equity in a market system is often interpreted as individuals receiving goods and services in proportion to their contribution to production, reflecting the principle of "to each according to his contribution." This contrasts with equal distribution (A) or needs-based distribution (B).

Equity as Defined in a Market System Requires That Every