Question

Write in brief on market and equality.

Answer 1

Hint:
 The exchange of goods and services in the free market usually produces unequal results. People usually refuse deals that make them worse, but a few make mistakes and plunge them into poverty. Trade-in in a free market will cause people to fall into poverty without taking any unethical actions.


Complete solution:

Market: big and powerful businessmen make huge profits, while small businessmen make very little. For example, the store owner in the weekly market and the store owner in the shopping mall are two different people. One is a small vendor who has almost no money to run this shop.

 And the other party has a lot of money to spend in the store. The incomes of these two individuals are not equal. The weekly market traders earn very little profit, while the owners of shopping malls earn considerable income. Not only are the shop owners different people, but so are the buyers. In the market, we have seen different types of buyers. Several buyers can't even afford the cheapest items, while others are busy buying different luxury goods in the mall.

Equality: This is an example of fairness when two people get the same treatment and get the same pay for doing the same work. When you own 100 shares of a company, this is an example of owning equity in a company. When your house is worth $100,000 and you owe $80,000 to the bank, this is an example of having $20,000 in assets.


Note:
The equity market is the main source of capital, and the debt market is the source of borrowed capital. Both the stock market and the debt market are composed of investors, listed companies, and governing bodies that make market rules.