Equality: Equality means treating everyone fairly and equally without discrimination or favoritism. It's like giving every student in your class the same amount of playtime during recess.
Inequality: Inequality refers to situations where there are disparities or unequal distribution of resources, opportunities, or privileges among individuals or groups. Think of it as some people having much larger slices of pizza than others.
Socioeconomic Status: Socioeconomic status (SES) is a measure used to classify individuals based on their income level, occupation, education level, etc., which can often impact their access to resources and opportunities.