📚 Learning Guide
Political Spectrum and Economic Issues
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Which category best describes the policy of implementing a universal basic income to reduce poverty and promote economic equality?

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Choose the Best Answer

A

Liberal Economic Policy

B

Conservative Economic Policy

C

Libertarian Economic Policy

D

Populist Economic Policy

Understanding the Answer

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Answer

The policy of implementing a universal basic income (UBI) is best described as a progressive or left-leaning approach on the political spectrum. This is because UBI aims to provide everyone with a regular, unconditional payment to help meet their basic needs, which addresses issues of poverty and inequality. By giving financial support to all individuals, UBI seeks to ensure that everyone has enough money for essentials like food and shelter, regardless of their job status. For example, if a government gives each citizen $1,000 a month, it could help people afford necessary expenses and encourage them to pursue education or jobs without the stress of immediate financial survival. This approach reflects a belief in using government resources to promote social welfare and reduce economic disparities.

Detailed Explanation

A universal basic income helps everyone have enough money to live. Other options are incorrect because Some think conservatives want less government help; Libertarians believe in minimal government.

Key Concepts

Political Spectrum
Economic Ideologies
Government Intervention
Topic

Political Spectrum and Economic Issues

Difficulty

medium level question

Cognitive Level

understand

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