Final answer:
The positive effects of migration include remittances, new investment opportunities, and brain gain. On the other hand, negative effects encompass brain drain, economic impacts on the home country, and global competition for talent.
Explanation:
Positive Effects:
- Remittances: Countries benefit from the influx of foreign capital through remittances sent by overseas workers.
- New Investment Opportunities: Migration can spur new investment opportunities in the local economy.
- Brain Gain: Wealthy countries attract highly-skilled immigrants, filling specific skill shortages and benefiting from their expertise.
Negative Effects:
- Brain Drain: Countries experiencing brain drain lose valuable resources as skilled individuals emigrate seeking higher pay and opportunities.
- Economic Impact: Large-scale emigration can weaken a home country by reducing population, production levels, and economic spending.
- Global Competition for Talent: Countries may face challenges as they compete for skilled workers, leading to brain waste and brain drain phenomena.
- Learn more about Effects of migration - positive and negative here:
- https://brainly.com/question/29783192
