Consumption expenditure
Investment in housing
Support for small businesses
All of the above
Answer is Wrong!
Answer is Right!
The correct answer is D. Remittances contribute to Kerala’s economy through consumption expenditure, investment in housing, and support for small businesses.
- Consumption expenditure: Remittances are used to purchase goods and services, which helps to stimulate the economy. For example, remittances are used to buy food, clothing, and other household items. They are also used to pay for education, healthcare, and other services.
- Investment in housing: Remittances are used to build or improve homes, which helps to create jobs in the construction industry. They are also used to buy land, which can be used for commercial or residential purposes.
- Support for small businesses: Remittances 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube