The Term Microfinancing Refers to

question 85

Multiple Choice

The term microfinancing refers to

• A)lending small sums of money to the poor so that they can work their way out of poverty.
• B)welfare handouts for poor people in developing countries.
• C)welfare handouts for poor people in industrial countries.
• D)pyramid schemes.

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Definitions:

Impression Formation Theory

A psychological theory that explains how individuals form perceptions and judgments about others based on available information and social cues.

Implicit Personality Theory

The assumptions or biases an individual uses to infer traits or behaviors about others based on limited observable information.

Attribution Theories

Psychological theories that try to explain how people determine the causes of behavior, whether their own or someone else's.

Halo Effect

A cognitive bias in which an observer's overall impression of a person influences their feelings and thoughts about that person's character or properties.