A universal basic income (UBI) is a guaranteed, no-strings-attached, recurring payment to every member of society, sized to meet basic needs.
Source: www.givedirectly.org/basic-income/
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Basic Income consists of a periodic cash allowance given to all citizens, without means test to provide them with a standard of living above the poverty line.
Source: basicincome.stanford.edu/about/what-is-ubi/
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