Explain how remittances from migrant workers create purchasing power in other countries. Why do migrant workers send remittances? What happens with this money?

Answers

Answer 1
Answer:

Answer:

Remittances represent cash flow from the host country to families in the home country. Migrant workers may cross borders to seek employment opportunities in a new country. When sending remittances, they are sending funds back to their home country. Remittances often are used to support families, businesses, or savings opportunities in home countries.

Explanation:

:)

Answer 2
Answer:

Final answer:

Remittances are funds sent by migrant workers to their home countries to support their families, which increases purchasing power and stimulates economic activities. However, they can also have potential negative impacts such as fostering dependence or fuelling inflation.

Explanation:

Remittances are funds sent by migrant workers back to their home country, often to their families. They create purchasing power in other countries by infusing money into the economy to be used for daily expenses, health and education, or investment.

Migrant workers send remittances for a variety of reasons, primarily to support their families. These funds can provide a means of sustenance, pay for educational opportunities, cover healthcare costs, and even help start or support local businesses.

The influx of remittances can stimulate economic activity by increasing consumption and investment. This can lead to more goods and services being sold and businesses growing and creating jobs, which can foster a cycle of economic growth. However, it is important to note that remittances also have potential negative impacts such as fostering dependency or fuelling inflation.

Learn more about Remittances here:

brainly.com/question/33856977

#SPJ2


Related Questions

Select the way that humans can negatively affect aquifers. a. Humans build roads, which prevents rainwater from replenishing aquifers. b. Humans build sea walls, which prevents seawater from entering aquifers. c. Humans line and seal wells to prevent pollutants from entering an aquifer. d. Humans prefer to use lake water as a source for drinking water rather than aquifers.
1. What physical process changed the geological area and composition of the Earth's oceans
An individual raindrop consists of approximately ________ moisture droplets.
Which statement is true based on the exchange rate table below?Japan YEN101.96China YUAN 6.2471Mexico PESO 12.8575Canada DOLLAR 1.0853One hundred Japanese yen is able to buy 7.93 Mexican pesos.The exchange rate between the Chinese yuan and the U.S. dollar is 1.0853.One U.S. dollar is able to buy 1.0853 Canadian dollars.​
Description 3 point of forest burning ​

What was the Dred Scott decision?please

Answers

Answer:

B

Explanation:

Sandford, legal case in which the U.S. Supreme Court on March 6, 1857, ruled (7–2) that a slave (Dred Scott) who had resided in a free state and territory (where slavery was prohibited) was not thereby entitled to his freedom; that African Americans were not and could never be citizens of the United States

4. Determine the map below showscoastlines of the southeastern U.S. at three
times during the Cenozoic era. Which
choice represents the coastline at the height
of the Pleistocene ice age? Explain your
reasoning.
Choice A
Choice B
Choice C

Answers

Answer:

Choice A

Explanation:

A is correct because, during an ice age, sea levels lower as a result of more water being engulfed in ice sheets and glaciers. When sea levels shrink, coastlines are extended.

What does the scientific method require

Answers

Answer:

a logic as a system of reasoning for properly arranging

Explanation:

In addition to careful observation, then, scientific method requires a logic as a system of reasoning for properly arranging, but also inferring beyond, what is known by observation. Methods of reasoning may include induction, prediction, or analogy, among others.

What makes up a region? How are regions divided?

Answers

Answer:

region is an area that includes a number of places--all of which have something in common. Geographers categorize regions in two basic ways: physical and cultural.

Explanation:

ways: physical and cultural

If all the energy from a 103 W light bulb is emitted at 590.0 nm, what is the energy of each photon in Joule? Planck’s constant is 6.6 x 10-34 J*s and the speed of light is 3.0 x 108 m/s.

Answers

Answer:

Energy of each photon is given by 0.0335* 10^(-17)j

Explanation:

We have given wavelength of light \lambda =590nm=590* 10^(-9)m

Speed of light c=3* 10^8m/sec

Plank's constant h=6.6* 10^(-34)j-s

We know that energy of photon is given by E=h\nu =(hc)/(\lambda )

So energy is given by

E=h\nu =(hc)/(\lambda )=(6.6* 10^(-34)* 3* 10^8)/(590* 10^(-9))=0.0335* 10^(-17)j

Question 14 Where (in relation to the Sun) are the four least dense planets? a) Farthest from the Sun b) Nearest to the Sun c) Distance from the Sun is not related to density d) Distance and density are in exact agreement

Answers

Answer:

d) Distance and density are in exact agreement

Explanation:

  • Distance From the sun is related to the density of the planets as most of the terrestrial planet have rocky cores and are made up of solid metals so, the density remains stable as the case of the earth having a density of 5.5g/cm cube.
  • Planets near to the sun like the mercury have a density of 5.4g/cm cube and planets away from the sun like Saturn have a density of 1.2g/cm cube and Jupiter has 1.3g/cm cube. Thus it can be estimated that the nearness to the sun impacts the amount of the gases and gravity the planets can absorb.
  • Four least dense planets are Saturn, Uranus, and Neptune, and Jupiter the farther we go density decreases as these planets tend to made entirely on gas and condensed icy crystals. As the solars winds blow away the gases from terrestrial planets