Universal Basic Income
Definition
Universal Basic Income (UBI) is a financial policy that guarantees a regular, unconditional payment to all individuals, regardless of their circumstances, to ensure a basic standard of living. This concept is often discussed in the context of social justice and economic security, promoting the idea that every person should receive a minimum income to cover essential needs, thereby reducing poverty and income inequality. 5 Must Know Facts For Your Next Test> Universal Basic Income has been proposed as a solution to the challenges posed by automation and job displacement, as machines replace human labor […]
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