Universal Basic Income (UBI) Concept
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Questions and Answers

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

  • Giving regular, unconditional money to all citizens. (correct)
  • Offering tax breaks to low-income households.
  • Restricting financial aid based on employment status.
  • Providing additional payment to employed citizens.
  • What are the primary goals of a basic income system?

  • Promote economic disparity.
  • Increase poverty levels.
  • Encourage income inequality.
  • Ensure a basic standard of living for everyone. (correct)
  • Which 16th-century English philosopher mentioned the idea of providing UBI in his work 'Utopia'?

  • Adam Smith
  • Thomas More (correct)
  • John Locke
  • Thomas Hobbes
  • What is one benefit proponents of UBI argue it could bring?

    <p>Streamline welfare programs.</p> Signup and view all the answers

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

    <p>Sustainability of funding such a program.</p> Signup and view all the answers

    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?

    <p>Brazil</p> Signup and view all the answers

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

    <p>The feasibility and impact of UBI.</p> Signup and view all the answers

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

    <p>Participated in discussions but did not implement UBI.</p> Signup and view all the answers

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

    <p>UBI provides a regular sum regardless of employment or income level.</p> Signup and view all the answers

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

    <p>Brazil required families to fulfill social obligations while welfare programs do not have any conditions attached.</p> Signup and view all the answers

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

    <p>To address social unrest and maintain public approval</p> Signup and view all the answers

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

    <p>Declining oil revenues and international sanctions</p> Signup and view all the answers

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

    <p>30%</p> Signup and view all the answers

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

    <p>Periods of both expansion and contraction</p> Signup and view all the answers

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

    <p>To help Iran's population cope with the rising costs of living</p> Signup and view all the answers

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

    <p>Fiscal sustainability and efficiency</p> Signup and view all the answers

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

    <p>All of the above</p> Signup and view all the answers

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

    <p>Difficulty in accurately categorizing individuals into different income brackets</p> Signup and view all the answers

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

    <p>To ensure that financial assistance only goes to those who truly require it</p> Signup and view all the answers

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

    <p>The reforms should have been implemented earlier</p> Signup and view all the answers

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

    <p>The high cost of maintaining universal subsidies strained the government's finances</p> Signup and view all the answers

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

    <p>Identifying beneficiaries based on their income or other indicators of need</p> Signup and view all the answers

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