noun a person's income that is guaranteed to be provided at regular intervals, typically on an annual basis
In the field of economics, guaranteed annual income refers to a government program that ensures a minimum level of income for all citizens, regardless of their employment status.
In public policy discussions, guaranteed annual income is debated as a way to address issues of income inequality, unemployment, and social welfare.
Within social policy, guaranteed annual income is often discussed as a potential solution to poverty and inequality, providing a safety net for individuals and families.
Within the labor market, guaranteed annual income can impact employment dynamics by influencing labor supply and demand.
Guaranteed annual income is a concept related to income security, ensuring that individuals have a reliable source of income to meet their basic needs.
A writer may advocate for the implementation of a guaranteed annual income as a way to support struggling artists and writers financially, allowing them to focus on their creative work without the stress of financial instability.
Psychologists may research the impact of a guaranteed annual income on mental health outcomes, studying whether the financial security provided by such a program can reduce stress, anxiety, and depression in individuals and families.
Economists may analyze the economic implications of a guaranteed annual income, studying its effects on poverty rates, income inequality, labor force participation, and overall economic growth.
Social workers may advocate for the implementation of a guaranteed annual income as a way to alleviate poverty and provide a safety net for vulnerable populations, such as children, the elderly, and individuals with disabilities.
Policy analysts may evaluate different models of guaranteed annual income programs, assessing their cost-effectiveness, feasibility, and potential impact on social welfare outcomes.