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The William T. Grant Foundation is an American non-profit foundation that funds research in the social sciences, with a particular focus on reducing inequality in youth outcomes and improving the use of research evidence in public policy and practice settings.
A particular focus of his research has been school structure, educational inequality, and school reform. [3] In 2013 he became the president of the William T. Grant Foundation, which funds social science research meant to improve the lives of young people. [3]
He retired from both the W. T. Grant Company and the Grant Foundation at age 90, yet still served in an honorary capacity until his death in 1972 in Greenwich, CT at age 96. By that time his nationwide empire of W. T. Grant Co. (Grants) and Grant City stores had grown to almost 1,200, although the company failed in 1975 and was soon liquidated.
Inequity aversion research on humans mostly occurs in the discipline of economics though it is also studied in sociology.. Research on inequity aversion began in 1978 when studies suggested that humans are sensitive to inequities in favor of as well as those against them, and that some people attempt overcompensation when they feel "guilty" or unhappy to have received an undeserved reward.
The ideas of this theory were developed by Kenneth Ferraro and colleagues as an integrative or middle-range theory.Originally specified in five axioms and nineteen propositions, cumulative inequality theory incorporates elements from the following theories and perspectives, several of which are related to the study of society:
A sociological theory is a supposition that intends to consider, analyze, and/or explain objects of social reality from a sociological perspective, [1]: 14 drawing connections between individual concepts in order to organize and substantiate sociological knowledge.
It could reduce costs for this group by building more energy-efficient social rent homes and extending free childcare, early years education, school meals and period products, it says.
Simon Kuznets argued that one major factor behind levels of economic inequality is the stage of economic development of a country. Kuznets described a curve-like relationship between level of income and inequality, as shown. That theory prescribes that countries with very low levels of development will have relatively equal distributions of wealth.