Remittances usually produce increased household spending. They are typically sent by individuals working abroad to their families back home, and this financial support often helps improve the living standards of recipients. This can lead to increased spending on education, health care, and other essential needs, contributing to overall economic stability and growth in recipient communities.
Remittances produce which of the following effects?
Responses
an increase in poverty
an increase in poverty - no response given
a decreased educated workforce
a decreased educated workforce - no response given
decreased educational opportunities
decreased educational opportunities - no response given
increased household spending
1 answer
1 answer