What impact does Universal Basic Income have on employment?
Universal Basic Income (UBI) can have various effects on employment. Some studies suggest it may encourage people to pursue jobs they are passionate about rather than just working for survival.
Could it lead to people not wanting to work at all?
It's possible that some individuals might choose not to work, but many studies indicate that UBI can actually motivate people to seek better job opportunities or start their own businesses.
What about the economic implications of UBI?
The economic implications can be significant. UBI could stimulate local economies by increasing consumer spending, but it also raises questions about funding and inflation.
Are there any countries that have tried UBI?
Yes, several countries have conducted UBI trials, including Finland, Canada, and Kenya, each with varying results and insights.
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