GROWTH DEVELOPMENT CHILD
GROWTH AND DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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(1) and (2) only
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(1) and (3) only
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(2) and (3) only
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(1), (2) and (3)
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Detailed explanation-1: -Brain drain or the exodus of human capital often has a big impact on developing nations. It often leaves a hole that is hard to fill since there may not be as many people with similar skills to fill that void. It also leads to a loss in tax revenue, which can lead to higher taxation to make up for the shortfall.
Detailed explanation-2: -First and foremost, brain drain causes developing countries to lose the ability to progress. Talented people are born, raised, and educated in their country, and when it comes time to work and give back what they were provided, they leave and seek employment elsewhere.
Detailed explanation-3: -Some typical countries to experience brain drain include countries in Africa, Central America, and the Caribbean. Other countries to experience brain drain include Korea, the Philippines, Iran, and Taiwan Province of China.
Detailed explanation-4: -Brain drain leads to reduced economic growth, limited innovative capacities and lack of skilled manpower. India is losing its doctors, engineers and entrepreneurs to other countries, it’s losing much of its skilled human capital.