Question

explain 3 important things that GBi should be aware of ?

Answer 1

Hi,beca

GBi is Global Basic Income and the motive of GBi is providing everyone with a guaranteed minimum sum of money on a regular basis.

Things GBI should be aware of:

1. The average cost of living: If the average cost of living in a country is high (eg: USA), then the basic income and has to given accordingly. India, which has a low cost of living can't have the same GBi as USA.

2. The number of people below poverty line: If the number of people below the poverty line is too huge, then the focus must be there, as the first aim is to remove extreme poverty.

3. Potential Revenue Streams: Only if the potential revenue streams are many and consistent can the GBi accomplist its goal. So finding more and having many is very important.

4. Possibility of Job opportunities: You want the population to find its own ways of earning money as you don't want them just being supported by the GBi.

Hope this helps, Please let me know in the comments if there are any doubts.

Thanks :D