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2 years ago

Financial tension may arise from large scale migration of low skilled labor into developed countries due to:_____.

Business

1 answer:

ElenaW [278]2 years ago

6 0

Financial tension may arise from large scale migration of low skilled labor into developed countries due to:

Decreasing wages as supply of labor increases
Net fiscal costs related to social welfare increase

<h3>What is migration?</h3>

This is the movement of people from one country to another. Here, migration take place due to low wage rate being paid to workers, which is not sufficient to meet their daily needs.

There are several reasons for migration. However, the commonest are:

People can enjoy better infrastructural facilities like good roads, stable power supply.
The standard of living of the people can be enhanced.
There will be access to education and job opportunities for the migrants.

When there is frequent migration, such situation can create financial tension or instability to the developing countries. This is because of large scale of low skilled labor that would leave the country and then move to developed countries.

Learn more about migration here: brainly.com/question/18259786

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3 years ago

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Answer:

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Explanation:

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