GK
WORLD HISTORY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following was NOT a way governments encouraged economic development?
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Road
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Diasporic Communities
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Coinage
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Caravanserai
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Explanation:
Detailed explanation-1: -Diasporas can play an important role in the economic development of their countries of origin. Beyond their well-known role as senders of remittances, diasporas can also promote trade and foreign direct investment, create businesses and spur entrepreneurship, and transfer new knowledge and skills.
Detailed explanation-2: -The African diaspora has the most evident effect on Africa’s economic growth from the remittances they send to the continent. Remittances sent by migrant workers to and within Africa were over US$95 billion in 2021, benefiting over 200 million family members of African migrant workers.
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