![Economics 101: Equity](https://i0.wp.com/sterlingterrell.net/wp-content/uploads/2016/10/1-26.jpg?fit=638%2C419&ssl=1)
[This is part of the series: The Complete Guide To Economics 101.]
In economics, what is equity?
Equity is typically defined as the distribution of wellness within a nation or group.
This is what people refer to when they talk about fairness.
And unfortunately, discussions around this can quickly move from positive economics into normative economics.