Economic Discrimination: A Comprehensive Overview of Its Legal Meaning
Definition & meaning
Economic discrimination refers to unfair treatment based on economic factors in commerce. This can include disparities in job availability, wages, and access to goods and services. It often affects minority groups, impacting their opportunities for capital investment and business funding. Examples of economic discrimination include boycotting products, price fixing, and unequal pay for similar work based on a person's age, ethnicity, race, religion, or sex.
Table of content
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This term is relevant in several legal areas, including civil rights law, employment law, and anti-discrimination law. Economic discrimination can lead to legal claims under various statutes that protect against discrimination in the workplace and commerce. Users may benefit from legal templates provided by US Legal Forms to navigate issues related to economic discrimination effectively.
Key Legal Elements
Real-World Examples
Here are a couple of examples of abatement:
One example of economic discrimination is a company that pays younger employees less than older employees for the same job, despite similar qualifications and performance. Another example is a minority-owned business that struggles to secure funding compared to non-minority counterparts, limiting its growth potential.
State-by-State Differences
Examples of state differences (not exhaustive):
State
Key Differences
California
Stricter laws against economic discrimination in employment.
