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8 December, 03:02

How immigration and labor force impact the economy

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  1. 8 December, 04:16
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    Immigration and labor force improves an economy in many ways, some of them are:

    Explanation:

    Immigration increases the amount of labor force in an economy. This means that skilled and unskilled human resource shall be flocking in, ready to offer their labor for their good and in the process, for the good of the host country.

    Immigration also results to the diversification of culture and hence makes it richer, this is as a result of the interaction of the immigrants with the native people, each of whom, have different cultures.

    The demand for some types of goods in the market shall also hike, this is because, the immigrants shall increase the market for this goods.
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