which is a monetary social security system that pays every member of a society a regular payment of money without means testing or meeting any work or income requirements. The idea is that this payment will raise the income level of those at the bottom of the wage scale to alleviate poverty, while boosting the living standards of everyone else and possibly improving the economy as the money will most likely find its way back into the economy paying for goods and services. will the Universal basic income hinder economic development or will it help in alleviating poverty ?

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