What does universal basic income mean?

Definitions for universal basic income
uni·ver·sal ba·sic in·come

This dictionary definitions page includes all the possible meanings, example usage and translations of the word universal basic income.

Wikipedia

  1. Universal basic income

    Universal basic income (UBI), also called basic income, citizen's income, citizen's basic income, basic income guarantee, basic living stipend, guaranteed annual income, or universal demogrant, is a theoretical governmental public program for a periodic payment delivered to all citizens of a given population without a means test or work requirement.Basic income can be implemented nationally, regionally, or locally. An unconditional income that is sufficient to meet a person's basic needs (i.e., at or above the poverty line) is sometimes called a full basic income; if it is less than that amount, it may be called a partial basic income. The transfers effected by basic income are the same or similar to those produced by negative income tax. Some welfare systems can be regarded as steps on the way to a basic income, but because they have conditions attached they are not basic incomes. An example is the wage subsidy, which is a similar but less ambitious proposal; another is a guaranteed minimum income, which raises household incomes to a specified minimum. Policies based on basic income have widespread support from professional economists. A 1995 survey found that 78% of American economists supported (with or without provisos) the proposition that ‘the government should restructure the welfare system along the lines of a negative income tax’.Several political discussions are related to the basic income debate, including those regarding automation, artificial intelligence (AI), and the future of work. A key issue in these debates is whether automation and AI will significantly reduce the number of available jobs and whether a basic income could help alleviate such problems, as well as whether a ubi could be a stepping stone to a Resource based economy or post scarcity

How to pronounce universal basic income?

How to say universal basic income in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of universal basic income in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of universal basic income in Pythagorean Numerology is: 7

Examples of universal basic income in a Sentence

  1. Jodie Fassi:

    It probably took me about eight months of collecting universal basic income before I decided (to vote for Yang) because I didn't know who he was, and I wasn't just going to just because he was giving me a thousand dollars a month, I wasn't going to commit to voting for him - nor did he ask us.

  2. Mark Zuckerberg:

    We should explore ideas like universal basic income to make sure that everyone has a cushion to try new ideas.

  3. Jodie Fassi:

    Janelle actually came home and said: 'Hey, there's this Asian guy running for president, and he's running a platform of universal basic income,'.

  4. Natalie Foster:

    I've watched the tech [ community ] become very interested in Universal Basic Income for the past several years. I think it stems from one part guilt and one part optimism, these are folks who believe in the moonshot, believe in the big ideas, and that nothing is too big.

  5. Evelyn Yang:

    She said' Andrew, there's no reason for you to do this because someone else is going to run on universal basic income and the automation of jobs,' and I was like,' I'm not sure that's really happening,'.


Translations for universal basic income

From our Multilingual Translation Dictionary

  • καθολικό βασικό εισόδημαGreek
  • revenu de base universelFrench
  • thu nhập cơ bản phổ thôngVietnamese

Get even more translations for universal basic income »

Translation

Find a translation for the universal basic income definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"universal basic income." Definitions.net. STANDS4 LLC, 2024. Web. 16 Apr. 2024. <https://www.definitions.net/definition/universal+basic+income>.

Discuss these universal basic income definitions with the community:

0 Comments

    Are we missing a good definition for universal basic income? Don't keep it to yourself...

    Image or illustration of

    universal basic income

    Credit »

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    diverge from the expected
    A abrade
    B aberrate
    C flub
    D excogitate

    Nearby & related entries:

    Alternative searches for universal basic income: