Equity is equality of outcomes (done by explicitly redirecting resources as needed to get this result). As opposed to equal opportunity which is what is generally meant by "equality".
Or to ELI5 it's treating people differently to get them all to the same position, instead of treating everyone the same. The argument for "equity" is then that we aren't all starting from the same place. It's the same line of reasoning that justified affirmative action in the US.
Equity is equality of outcomes (done by explicitly redirecting resources as needed to get this result). As opposed to equal opportunity which is what is generally meant by "equality".
Or to ELI5 it's treating people differently to get them all to the same position, instead of treating everyone the same. The argument for "equity" is then that we aren't all starting from the same place. It's the same line of reasoning that justified affirmative action in the US.