Remittances typically produce the effect of increased household spending. Families receiving remittances tend to allocate funds towards essential needs such as food, education, healthcare, and housing improvements, which can enhance their quality of life. Other options listed, such as decreased educational opportunities, increased poverty, and a decreased educated workforce, are generally considered negative effects that can be associated with factors beyond remittances.
Remittances produce which of the following effects?(1 point)
Responses
decreased educational opportunities
decreased educational opportunities
an increase in poverty
an increase in poverty
increased household spending
increased household spending
a decreased educated workforce
1 answer