Economic egalitarianism is a term used to describe the equal distribution of wealth and resources within a society. There are several synonyms that can be used to describe this concept, including economic equity, economic equality, and economic fairness. Economic equity is a term that emphasizes the importance of providing everyone with an equal opportunity to succeed in the economy, regardless of their socio-economic background. Economic equality focuses on the importance of distributing resources equally among all members of society. Economic fairness emphasizes the need to ensure that everyone has access to the same resources and opportunities to succeed, regardless of their background or circumstances. Ultimately, all of these terms are used to describe a society where everyone has the same chance to thrive economically.