The Massive Tendency for Young People in Developing Countries to Leave

question 28

Multiple Choice

The massive tendency for young people in developing countries to leave the countryside for big cities is called

• A)transmigration.
• B)urbanization.
• C)metropolitanism.
• D)rural impoverishment.

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Definitions:

External Benefit

A benefit that affects people other than the direct consumers or producers of a good or service, often leading to positive spillover effects.

Negative Externality

A situation where a third party suffers from a transaction or activity they are not directly involved in, often leading to market failure if not corrected by government intervention.

Compensation

The total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed.

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