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Mayors For A Guaranteed Income

Definition

Mayors For A Guaranteed Income is a coalition of mayors from various cities who advocate for the implementation of a guaranteed income program. This program would provide a regular, unconditional cash payment to individuals or families to help alleviate poverty and address economic inequality.

Analogy

Think of Mayors For A Guaranteed Income as a team of superheroes fighting against poverty. Just like how superheroes join forces to tackle big challenges, these mayors come together to fight for a guaranteed income that can be a powerful tool in combating poverty.

Related terms

Guaranteed Income: It refers to an unconditional cash payment provided regularly to individuals or families, regardless of their employment status. This income aims to ensure basic financial security and reduce poverty.

Poverty Alleviation: The term refers to efforts and strategies aimed at reducing or eliminating poverty by improving access to resources, opportunities, and social support systems.

Economic Inequality: It refers to the unequal distribution of wealth, resources, and opportunities among individuals or groups within an economy. Addressing economic inequality involves reducing disparities in income and wealth through policy interventions.

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© 2024 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.