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In: Finance

Do you believe we should enact some form of Universal Basic Income (UBI) for all citizens...


Do you believe we should enact some form of Universal Basic Income (UBI) for all citizens or residents? Why or why not? subject business ethics

Solutions

Expert Solution

YES I do feel the residents and citizen should be provided with universal basic income as it will be helping in increasing the overall income of various individuals and it will also help in proper distribution of the government surplus and the International Funds surplus so it will help the the poor and the downtrodden section of society to arise and have access to various facilities and they will also be participating in the economic growth and they will also help in more of the economy grows because there will be a higher monetary flow in the entire country and it will also mean that there will be equality of income and there will be a very low discrepancy between various income individuals so there will be a minimum income which will be available to all in order to fulfill with their needs and that will also help in providing basic facilities to large group of citizens.

Hence, I will also be advocating for universal minimum income for all of the individuals in order to maintain equality in the entire global system and there will be a proper economic growth which is based upon equity principles.


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