What is UBR?

Answer 1

UBR, or Universal Basic Revenue, is a proposed economic model that aims to provide all citizens with a regular, unconditional payment to ensure financial stability and reduce poverty. This concept is often discussed in the context of Universal Basic Income (UBI), where the focus is on guaranteeing a minimum income for everyone regardless of employment status. The idea behind UBR is to empower individuals, promote economic equality, and support consumer spending. While still largely theoretical, it has gained attention as a potential solution to challenges posed by automation and changing labor markets.