Universal Basic Income (UBI) is a socio-economic policy where all citizens of a country receive a regular, unconditional sum of money from the government. The concept of UBI has gained traction in recent years, particularly in the face of increasing automation and income inequality. Here are some of the critical merits of UBI: 1. Poverty and Inequality Reduction
UBI can be a powerful tool in reducing poverty and income inequality. By providing everyone with a basic income, UBI ensures that no one falls below a certain income level. This can be particularly beneficial in countries with high poverty […]
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