Could you please explain to me what these terms mean in simplified terms. I already searched them up on net, and their definitions are complicated for me to understand.

Answer 1

Economic equity is the distribution of money and goods fairly. Many people do not believe that paying company bosses millions of dollars a year is economic equity.

http://www.businessdictionary.com/definition/economic-equity.html

Economic security is knowing that you'll have a job and enough income to live comfortably. It also includes an adequate retirement income.

Answer 2

Thanks so much :)

Answer 3

You're welcome.