Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

this us work intergrated please help REQUIRED: 1.1 A UBI (universal basic income) allows all people a certain amount of money to live on, whether

this us work intergrated please help
image text in transcribed
REQUIRED: 1.1 A UBI (universal basic income) allows all people a certain amount of money to live on, whether or not they are working, rather than income only going to people who work or receive government grants. While a UBI may sound like a good idea in theory, there are some problems with the model. Amadeo (2018) outlines some of the benefits and risks of a UBI. Develop a table listing all the pros and cons of UBI. (10 marks) 1.2 Since the Fourth Industrial Revolution (4IR) is still in its early stages of development, it is necessary to make some predictions about the possible effects it will have on Africa and, more specifically, South Africa. Identify whether the following statements are opportunities or risks. 1. We are becoming one 'mega-society' where everyone interacts. 2. High levels of connectivity compromise privacy. 3. Youth benefit from skills and training going into 4IR. 4. Manufacturing and low to semi-skilled jobs may be replaced by automation. 5. As other world populations shrink, businesses will open African offices or factories to capitalise on the number of able workers. 6. Advances in machine capability may limit opportunities available to unskilled workers. 7. New technologies and more extensive surveillance will ensure safety. 8. Authonitarian or oppressive govemments could use surveillance against ordinary citizens. 9. Improved banking technology can help prevent fraud and corruption. 10. If South Africa does not step up and provide adequate infrastructure that is conductive to new industry, it may be left behind. 11. Ride-sharing apps make it cheaper and easier for consumers to get around. 12. Ride-sharing apps pose a threat to the metered-taxi industry by offering lower prices

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Concepts And Methods

Authors: McGraw-Hill

1st Edition

0074701266, 978-0074701263

More Books

Students also viewed these Accounting questions