Final answer:
The Equal Pay Act of 1963 aimed to ensure women receive equal pay to men for similar work, yet a wage gap persists, indicating the act has not been fully effective in achieving its goal.
Step-by-step explanation:
The Equal Pay Act of 1963 was enacted to address the wage gap between men and women, mandating that employers pay equal wages to men and women performing substantially similar work. Despite its intentions, the reality has been different. Reports indicate that a significant wage gap persists, with women earning 81 cents for every dollar a man earns as per a 2020 study by Payscale. This discrepancy can be partly attributed to factors like education, career choices, and life circumstances, but there remains an unexplained portion of the gap which can be attributed to gender discrimination in pay. Therefore, the statement that the Equal Pay Act provides all women with equal pay to men is false, as the intended equity has not yet been fully realized.