A Brazilian city is giving a third of its residents $33 per month — part of one of the largest basic-income programs in the world

A Brazilian city is giving a third of its residents $33 per month — part of one of the largest basic-income programs in the world

The Brazilian city of Marica recently launched a basic-income program that gives $33 monthly stipends to about one-third of its residents.

Brazil already has a national policy that gives citizens around $10 per month if they vaccinate their children and send them to school.

But Marica’s program will allow researchers to study how basic income affects local employment — specifically, whether it encourages people to join the labor market. Visit Businessinsider.com for more stories . Residents of a Brazilian city are about to get their first payments in a new basic-income program that begins this month.The […]

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