The Big UBI Quiz

What does the abbreviation UBI stand for?

Unified Basic Income

Unconditional Basic Income

Universal Business Income

Which sentence best describes the idea of Unconditional Basic Income (UBI)?

All people receive a certain starting balance at birth, which they can access annually from the state.

All people receive a minimum wage for their work, i.e., a certain minimum amount of money per hour worked.

All people receive a monthly amount from the state equivalent to the minimum subsistence level, which is paid to them with no strings attached.

How would the UBI be financed according to most models?

Through tax reform, for example higher taxes for the wealthy, a financial transaction tax, or even a tax on carbon dioxide emissions.

through money creation by all central banks, i.e., banknotes printed specifically as Basic Income

through a globally valid cryptocurrency that is programmed as a Basic Income

In the world's first referendum on Basic Income in Switzerland in 2016, support for this revolutionary idea was already at...

15%

23%

89%

Which of these basic income-like payments did NOT exist?

Kenya: unconditional cash transfers to thousands of adults in rural villages since 2016

Taiwan: In a field trial in 2020, 3,000 families received an unconditional amount covering basic living costs for three years.

Germany: Since 2014 more than 2,200 people received a unconditional monthly amount (€1,000) for one year through a raffle

Alaska (USA): Since 1982 yearly cash payment to Alaska residents, funded by the state's oil revenues (Alaska Permanent Fund, c. $300-$3,000)