Which term is used for money sent by migrants to family abroad?

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Multiple Choice

Which term is used for money sent by migrants to family abroad?

Explanation:
Money sent by migrants to their families in their country of origin is called a remittance. These are private financial transfers where workers abroad send part of their earnings home to support relatives, covering things like food, housing, and education. Remittances can play a significant role in the recipient country’s household budget and sometimes its broader economy by boosting demand and foreign exchange. Push factors describe conditions that drive people to leave a country (like poverty or conflict), while pull factors are the attractions of a destination country (such as better jobs). The greenhouse effect is a climate-change concept and unrelated to migration payments.

Money sent by migrants to their families in their country of origin is called a remittance. These are private financial transfers where workers abroad send part of their earnings home to support relatives, covering things like food, housing, and education. Remittances can play a significant role in the recipient country’s household budget and sometimes its broader economy by boosting demand and foreign exchange.

Push factors describe conditions that drive people to leave a country (like poverty or conflict), while pull factors are the attractions of a destination country (such as better jobs). The greenhouse effect is a climate-change concept and unrelated to migration payments.

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