How does rural to urban migration increase the purchasing power of peo

1.	How does rural to urban migration increase the purchasing power of people in rural areas? (OR) How does migration affect the purchasing power of people?
Answer» 1. Rural to urban migration increases the purchasing power of people in rural areas. 2. Remittances are an important means of supplementing or generating additional income for the rural families. 3. Migration allows households to meet debt and other obligations without having to sell assets. 4. The majority of migrants either remit or bring back savings. 5. Migrant families buy house, land, agricultural machinery and consumer durables. 6. Thus, their purchasing power increases.

How does rural to urban migration increase the purchasing power of people in rural areas? (OR) How does migration affect the purchasing power of people?

Answer»

1. Rural to urban migration increases the purchasing power of people in rural areas.

2. Remittances are an important means of supplementing or generating additional income for the rural families.

3. Migration allows households to meet debt and other obligations without having to sell assets.

4. The majority of migrants either remit or bring back savings.

5. Migrant families buy house, land, agricultural machinery and consumer durables.

6. Thus, their purchasing power increases.