ELI5: Explain Like I'm 5

Basic income around the world

Basic income is like getting an allowance every month, but instead of your parents giving it to you, it's the government. This allowance is given to every citizen, no matter how much money they make, where they live, or what they do. The idea is that everyone deserves to have enough money to cover their basic needs and have a decent life.

Different countries have different ideas about basic income. In some countries, like Finland and Canada, they have experimented with giving a basic income to a small group of people to see how it works. In other countries, like Brazil and Iran, they have implemented a basic income for the poorest citizens to help them out of poverty.

The amount of money given as basic income also varies from country to country. In some places, it's just enough to cover food and rent, while others give enough to cover all basic needs, including healthcare and education.

There are also different opinions about basic income. Some people believe it's a great way to fight poverty and inequality, while others think it's too expensive and will create a culture of dependence on the government.

Overall, basic income is a way for governments to help ensure that everyone has a basic standard of living, no matter what their circumstances.