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e. Redistribution of income and wealth is the transfer of income and wealth (including physical property) from some individuals to others through a social mechanism such as taxation, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law. [ 1] The term typically refers to redistribution on an economy-wide ...
Equal opportunity is a state of fairness in which individuals are treated similarly, unhampered by artificial barriers, prejudices, or preferences, except when particular distinctions can be explicitly justified. [ 1] For example, the intent of equal employment opportunity is that the important jobs in an organization should go to the people ...
The main ways for employers to find workers and for people to find employers are via jobs listings in newspapers (via classified advertising) and online, also called job boards. Employers and job seekers also often find each other via professional recruitment consultants which receive a commission from the employer to find, screen and select ...
Equal employment opportunity is equal opportunity to attain or maintain employment in a company, organization, or other institution. Examples of legislation to foster it or to protect it from eroding include the U.S. Equal Employment Opportunity Commission, which was established by Title VII of the Civil Rights Act of 1964 to assist in the ...
Distributive justice concerns the socially just allocation of resources, goods, opportunity in a society. It is concerned with how to allocate resources fairly among members of a society, taking into account factors such as wealth, income, and social status. Often contrasted with just process and formal equal opportunity, distributive justice ...
Informal economy: Haircut on a sidewalk in Vietnam. An informal economy ( informal sector or grey economy) [ 1][ 2] is the part of any economy that is neither taxed nor monitored by any form of government. Although the informal sector makes up a significant portion of the economies in developing countries, it is sometimes stigmatized as ...
Graph (based on data from the World Bank) showing the proportion of the world's population (blue) and the absolute numbers of people (red) living on <1, <1.25, and <2 US dollars a day (2005 equivalent values) between 1981 and 2008. Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian ...
The right to work is the concept that people have a human right to work, or to engage in productive employment, and should not be prevented from doing so.The right to work, enshrined in the United Nations 1948 Universal Declaration of Human Rights, is recognized in international human-rights law through its inclusion in the 1966 International Covenant on Economic, Social and Cultural Rights ...