Crash Course Economics
Foreign Aid and Remittance
S1 • E34 May 26, 2016 10m
What is foreign aid? How much foreign aid does the United States distribute each year. Comparatively, not much. In fact, foreign aid only accounts for a small fraction of most nations' overall spending. But it's hugely important. Foreign aid improves healthcare, can promote economic growth, and assists people who've been through disasters. Remittances are moneys that are sent internationally by immigrants. People move internationally to
