Which of the Following Statements Captures the Idea of Microcredit

question 206

Multiple Choice

Which of the following statements captures the idea of microcredit that has developed in South Asia?

• A) accepts development loans only from lenders in the developing world
• B) forgives all but a meager 5 percent of foreign debt owed by countries
• C) makes small loans available to poor entrepreneurs
• D) offers collateral-free loans to private, locally owned companies

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Definitions:

Meat Powder

A substance used in classical conditioning experiments, typically as a stimulus for eliciting salivary responses from an animal.

Automatic Racial Attitudes

Unconscious biases or judgments towards people based on their race.

Deliberate Attitudes

Consciously held evaluations or opinions about objects, people, or concepts.

Severe Hazing

The practice of subjecting newcomers to abusive or humiliating trials and rituals, often under the guise of initiation into a group, which can be extreme in nature.