Universal Basic Income (UBI) has gained significant traction in discussions surrounding economic reform and social justice. Defined as a periodic, unconditional cash payment to all citizens, UBI aims to provide financial stability and reduce poverty. However, like any policy, it comes with its own set of advantages and disadvantages. Below, we explore these pros and cons, along with some analysis and practical examples. Pros of Universal Basic Income
1. Reduction of Poverty and Inequality
Attribution : According to a discussion on Academia.edu by John Doe, "UBI could serve as a safety net for the most vulnerable, ensuring that […]
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