The expectation that incomes will level out or that standards of living will be roughly the same for all citizens is known as which of the following?

Question

Quizplus · Accepted Answer

The expectation that incomes will level out or that standards of living will be roughly the same for all citizens is known as equality of outcome. This refers to the idea that every member of society should have an equal chance to succeed and should have access to the same opportunities, resources, and benefits, regardless of their social or economic status. This is different from equality of opportunity, which simply means that everyone should have the same chance to succeed, but may not necessarily result in everyone having the same outcome.

The Expectation That Incomes Will Level Out or That Standards