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The basic income guarantee (BIG) is a government insured guarantee that no citizen's income will fall below some minimal level for any reason. All citizens would receive a BIG without means test or work requirement.
Thomas Herold2017-02-03T16:45:29+00:00. Universal basic income (UBI) is known by a variety of names in different countries and continents. Among the more popular are basic income, citizenâs income, unconditional basic income, basic income guarantee, universal demo grant, and UBI. This represents a type of social security welfare program and safety net.