5min chapter

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Here's What Happens When You Give People Free Money (They Get Poorer)

What's New

CHAPTER

Exploring the Effects of Unconditional Cash Transfers on Recipients' Financial Behaviors

Exploring how recipients of unconditional cash transfers utilized the extra income for helping others, healthcare, starting businesses, and personal well-being, but the study found these transfers did not greatly improve long-term financial situations due to reduced work hours and increased debt.

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