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<strong>NATTS</strong> – National Association of Trade and Technical Schools.
basic income (I3)<br />An unconditional mcome sufficient for basic needs. Earnings beyond this allowance would be progressively taxed eventually reaching the income level at which the person would be a net contributor to the scheme. The disabled and the elderly would get more than the basic income. A government using this approach would ensure that all citizens received a share of the NATIONAL INCOME.<br /><em>See also:</em> negative income tax
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immigration (F2, Jl)<br />The permanent settling of people from other countries. Immigrants take up a new residence to escape the poverty or persecution of their original countries, to increase their personal and ECONOMIC WELFARE in a new country or to join relatives who have already migrated. The effects of immigration on a country include, at the macro level, impacts on inflation, technical progress and public expenditure and, at the micro level, a change in the pattern of demand for goods and services and extra labour supply to particular labour markets. Immigrants are absorbed into an economy in different ways: as ENTREPRENEURS, as members of the SECONDARY LABOUR MARKET or into enclaves.<br /><em>See also:</em> enclave economy; migration <br /><em>Reference</em><br />Piore, M.I. (1979) Birds of Passage: Migrant Labor and Industrial Societies, New York: Cambridge University Press.
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