UBI (Universal Basic Income)

Universal Basic Income (UBI) is a government program that provides all individuals with a regular, unconditional sum of money, regardless of employment status or income level. Its goal is to ensure basic financial security, reduce poverty, and simplify welfare systems. UBI aims to address economic uncertainties caused by automation, gig work, or job displacement by establishing a steady income floor. It promotes social stability and allows people to pursue education, training, or creative endeavors without the constant pressure of making ends meet. UBI is a proactive approach to adapting to changing economic landscapes while safeguarding individual well-being.