quiz image

Universal Basic Income (UBI) Concept

ImpeccableForethought avatar
ImpeccableForethought
·
·
Download

Start Quiz

Study Flashcards

22 Questions

What is the core concept of Universal Basic Income (UBI)?

Giving regular, unconditional money to all citizens.

What are the primary goals of a basic income system?

Ensure a basic standard of living for everyone.

Which 16th-century English philosopher mentioned the idea of providing UBI in his work 'Utopia'?

Thomas More

What is one benefit proponents of UBI argue it could bring?

Streamline welfare programs.

What is one concern critics raise about Universal Basic Income (UBI)?

Sustainability of funding such a program.

In which country did an experiment show that extreme poverty was halved and income inequality decreased by 15% due to payments made to poor families?

Brazil

What do some pilot programs and experiments aim to assess regarding UBI?

The feasibility and impact of UBI.

What role did Mongolia play in the discussion of Universal Basic Income (UBI)?

Participated in discussions but did not implement UBI.

What distinguishes Universal Basic Income (UBI) from traditional welfare programs?

UBI provides a regular sum regardless of employment or income level.

How did Brazil's experiment with payments to poor families differ from traditional welfare programs?

Brazil required families to fulfill social obligations while welfare programs do not have any conditions attached.

What was the primary reason for the expansion of Iran's subsidy program during Mahmoud Ahmadinejad's presidency?

To address social unrest and maintain public approval

What was the primary factor that led to the Iranian government facing pressure to reduce subsidies in recent years?

Declining oil revenues and international sanctions

What was the approximate percentage of Iran's GDP that subsidies reached during Mahmoud Ahmadinejad's presidency?

30%

Which of the following best describes the historical trend of Iran's subsidy program?

Periods of both expansion and contraction

What was the primary goal of Iran's subsidy program according to the text?

To help Iran's population cope with the rising costs of living

Which of the following concerns about Iran's subsidy program is mentioned in the text?

Fiscal sustainability and efficiency

What was the main motivation behind Iran's transition to targeted subsidies?

All of the above

What challenge has Iran faced in implementing the targeted subsidies program?

Difficulty in accurately categorizing individuals into different income brackets

What is the main goal of the targeted subsidies program in Iran?

To ensure that financial assistance only goes to those who truly require it

What is one criticism that some commentators have raised about Iran's subsidy reform process?

The reforms should have been implemented earlier

What is the main reason cited in the text for why Iran's previous cash subsidy model was unsustainable?

The high cost of maintaining universal subsidies strained the government's finances

What is the main approach of the targeted subsidies program in Iran?

Identifying beneficiaries based on their income or other indicators of need

Explore the concept of Universal Basic Income (UBI) which proposes giving all citizens a regular sum of money from the government, regardless of their employment status or income level. Learn about the goals of UBI such as alleviating poverty and ensuring a basic standard of living for all.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free

More Quizzes Like This

Universal Basic Income Quiz
5 questions
Universal Basic Income Quiz
10 questions
Understanding Universal Basic Income (UBI)
16 questions
Universal Basic Income (UBI) Concept
7 questions
Use Quizgecko on...
Browser
Browser