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Definition
Universal basic income (UBI) is a financial policy proposal that suggests providing all citizens with a regular, unconditional sum of money, regardless of their income or employment status. This concept is aimed at reducing poverty and inequality, providing a safety net for individuals, and promoting economic stability. UBI connects to broader discussions on labor rights by addressing the economic security of workers and ensuring that everyone has a minimum standard of living, while also influencing how income distribution can be structured in society.congrats on reading the definition of Universal Basic Income. now let’s actually learn it. […]
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