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Assessment
What is one of the primary reasons migrant labor is essential in many economies?
Availability of low-cost labor
Increased demand for high-wage jobs
Decreased productivity in local industries
Reduction in job competition for locals
How do remittances from migrant workers typically affect their home countries?
They create economic dependency without benefits.
They contribute significantly to the local economy.
They negatively impact local employment rates.
They lead to increased out-migration rates.
Which sector is commonly associated with high reliance on migrant labor?
Technology and IT
Hospitality and agriculture
Banking and finance
High-level consultancy services
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