Universal Basic Income (UBI) Concept
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Questions and Answers

What is the primary goal of Universal Basic Income (UBI)?

  • Encourage bureaucracy
  • Promote unemployment
  • Alleviate poverty (correct)
  • Increase inequality
  • Who first mentioned the idea of providing a basic income to all members of society?

  • Thomas More (correct)
  • Karl Marx
  • Adam Smith
  • John Locke
  • What is one argument made by proponents of Universal Basic Income (UBI)?

  • Greater financial security for individuals (correct)
  • Increase in income inequality
  • Complicated welfare programs
  • Reduction in basic standard of living
  • What is a common concern raised by critics of Universal Basic Income (UBI)?

    <p>Sustainability of funding</p> Signup and view all the answers

    What was the impact observed in Namibia's experiment with basic income payments?

    <p>Decrease in poverty and crime rates</p> Signup and view all the answers

    Which term best describes the regular sum of money given to citizens in a Universal Basic Income system?

    <p>Unconditional income</p> Signup and view all the answers

    In what way could Universal Basic Income potentially impact work incentives?

    <p>Increasing unemployment rates</p> Signup and view all the answers

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