Difference between revisions of "Living income"

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m (Woozle moved page Issuepedia:Archive/income taxonomy/living to Income/living without leaving a redirect: actually, this still deserves a page)
m (Woozle moved page Income/living to Living income over redirect: decided not to use hierarchy in this area, generally)

Revision as of 22:53, 1 August 2021

About

A living income (or basic income) is an income that is sufficient to live on, given a set of reasonable assumptions and circumstances. The exact income amount which would satisfy these conditions will vary significantly depending on what the conditions are, but it is generally assumed that the income would be at least enough to provide for the following:

  • adequate nourishment (food)
  • clothing
  • shelter (a home)

Medical care is also often (though not always) included in the set of basic requirements.

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