Question : The "brain gain" refers to:
Option 1: The migration of highly skilled individuals to other countries
Option 2: The loss of intellectual abilities due to aging
Option 3: The process of acquiring knowledge through formal education
Option 4: The increase in the population due to immigration
Correct Answer: The migration of highly skilled individuals to other countries
Solution : The correct answer is (a) The migration of highly skilled individuals to other countries
The term "brain gain" refers to the phenomenon where highly skilled individuals, such as professionals, scientists, and researchers, migrate from their home countries to other countries in search of better opportunities and living conditions. It is the opposite of "brain drain," which refers to the emigration of skilled individuals from their home countries.
Brain gain occurs when skilled individuals bring their expertise, knowledge, and talents to a new country, contributing to the host country's economic development, innovation, and overall human capital. These individuals often fill gaps in the labor market and contribute to the growth of industries that require specialized skills and knowledge. Brain gain can lead to positive outcomes, including enhanced productivity, technological advancements, and knowledge spillovers.
Question : The concept of "brain drain" refers to:
Option 1: The emigration of skilled individuals from one country to another.
Option 2: The migration of individuals from rural to urban areas.
Option 3: The loss of jobs due to technological advancements.
Option 4: The withdrawal of workers from the labor force.
Question : What does the term "demographic dividend" refer to?
Option 1: The decline in birth rates leading to an aging population
Option 2: The increase in the proportion of the working-age population
Option 3: The migration of skilled workers to other countries
Option 4: The dependency ratio in a population
Question : What does the term "brain drain" refer to in the context of human capital formation?
Option 1: Migration of skilled workers to other countries
Option 2: Development of the intellectual capabilities of individuals
Option 3: Investment in education and skill development programs
Option 4: Redistribution of income and wealth in society
Question : The "dependency ratio" refers to the ratio of:
Option 1: Employed individuals to unemployed individuals
Option 2: Working-age population to dependent population
Option 3: Labor force to working-age population
Option 4: Urban population to rural population
Question : The "Labor Force Participation Rate" (LFPR) measures the:
Option 1: Percentage of employed individuals in the working-age population
Option 2: Percentage of unemployed individuals in the working-age population
Option 3: Percentage of employed individuals in the total population
Option 4: Percentage of unemployed individuals in the total population
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