What are remittances?(1 point) Responses money sent back to people in an immigrant’s home country money sent back to people in an immigrant’s home country the movement of people from one place to another the movement of people from one place to another the forming of a new culture from mixing meanings and practices of multiple groups the forming of a new culture from mixing meanings and practices of multiple groups a measure of the share of society not contributing as much economically, such as the young and old
Remittances are money sent back to people in an immigrant's home country.
The correct answer is: money sent back to people in an immigrant's home country.
The answer is: money sent back to people in an immigrant’s home country.
To arrive at this answer, we can eliminate the other options as they do not accurately define remittances. Remittances do not refer to the movement of people from one place to another, the forming of a new culture from mixing meanings and practices of multiple groups, or a measure of the share of society not contributing as much economically. Remittances specifically refer to the money that immigrants send back to their home country to support their families or invest in businesses or properties.