The correct answer is: D) All of the above
The Gulf Boom was a period of economic growth in the Gulf Cooperation Council (GCC) countries from the 1970s to the 1990s. This economic growth led to a demand for labor, which was met by large-scale emigration from Kerala, India. The emigration of Keralites to the Gulf countries had a significant impact on Kerala, leading to increased remittances, social transformation, and other changes.
Remittances are money that workers send back to their home country. Remittances from Keralites working in the Gulf countries have been a major source of income for Kerala. In 2016, remittances from Keralites working in the Gulf countries were estimated to be $17 billion. This money has been used to build houses, start businesses, and improve education and healthcare in Kerala.
The emigration of Keralites to the Gulf countries has also led to social transformation in Kerala. The influx of money from remittances has led to a rise in consumerism and a decline in traditional values. The emigration of men has also led to an increase in the number of female-headed households.
The Gulf Boom has had a significant impact on Kerala. The emigration of Keralites to the Gulf countries has led to increased remittances, social transformation, and other changes. These changes have had both positive and negative effects on Kerala.