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Fill in the Blanks - Basic Income Experiment in Finland

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Test your knowledge of the basic income experiment in Finland by filling in the missing words from the text provided.

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Fill in the Blanks - Basic Income Experiment in Finland

Test your knowledge of the basic income experiment in Finland by filling in the missing words from the text provided.

marco rabadan
1

obsolete degrading the opt meaningful grind red tape supplement daily incentive plus eligible

Basic income Work , sleep , eat . . . work , sleep , eat . . . work ? Is there a better way to live ? Read on to find out about a radical new way of life that is being tested in Finland .

You are probably one of those people that goes to work and earns a salary doing 40 to 50 hours a week . Not too much time for hobbies or family between and the dull commute , right ? Now , imagine if you could study , work part - time , start a business , volunteer , or pursue any of your lifelong dreams and still earn enough money to survive . Does that sound like something you'd like to try ?

Over in Finland , the government is experimenting with the idea of a basic income . 2 , 000 randomly selected unemployed people are involved in the trial and one of the aims of the experiment is to see whether receiving a basic income can reduce poverty . The lowest rate of unemployment benefit is ? 560 ( $600 ) and with the basic income they get an extra ? 36 per month . At the moment , there is no to go and look for work because people are afraid they might lose their benefits in the future , or their benefits will be cut if they find short - term work . The radical idea behind basic income is that they would not lose any of their benefits if they find work . Any earnings would be a .

The project will cost the government ? 20 million , but they will save money by reducing the costs of . This is another major of the experiment . Volunteers will not have to fill out any forms over the next two years whether they have a job or not , go back to school , or even if they become ill . The system will be fairer , less complicated and costly .

Basic income would reward people who contribute to our society , but receive no income for their efforts . Think about childcare or people who care for the sick or elderly family members . It would also reduce the inequalities in society . Some people are for benefits , but to receive them they must fill out complicated forms . It's confusing and complex , but with basic income their rights are automatically guaranteed .

Another interesting side - effect is that workers could to reduce their working week to spend time doing something more . That would create more opportunities for other people to join the workforce as a result . Furthermore , it would make it safer for workers who are afraid to complain about unfair working conditions or abuses at work . They would not feel obliged to continue working in dangerous or environments .

And finally , basic income will make fraud . There will be no need to cheat the system anymore because your money will be automatically granted , thus saving governments millions of dollars a year . Does this sound too good to be true ?