Economic resources that are transferred from migrants to their families or institutions in their country of origin are called:

Question

Quizplus · Accepted Answer

Remittances refer to the economic resources that migrants send back to their families or institutions in their country of origin. This can include money, goods, or services. Remittances are an important source of income for many families and communities in developing countries, and can have a significant impact on local economies.

Economic Resources That Are Transferred from Migrants to Their Families