BUSINESS ECONOMICS - April 01 - 15, 2021
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In this issue
Universal Basic Income (UBI) is a model for providing all citizens of a Nation a given sum of money regardless of their income, resource or employment status. It is a government sponsored annual income. The motive is to reduce the inequalities in the society and to guarantee the meeting of basic needs of every citizen. In this issue BE has covered the significance of UBI in a time when the world has experienced huge economic downturn due to the pandemic.
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