Basic Income Experiment

A Basic Income Experiment tests the idea of providing individuals or families with a regular, unconditional payment to cover basic living expenses. The goal is to assess the impact on economic stability, health, and well-being. Participants receive a set amount of money, regardless of their employment status, allowing researchers to study how this financial support affects behaviors like job search, education, and spending. These experiments aim to determine whether a guaranteed income can reduce poverty, improve quality of life, and foster greater economic equality. They are often conducted in various locations to analyze different demographics and contexts.