In the Context of Entrepreneurship Around the World, Identify a True

question 18

Multiple Choice

In the context of entrepreneurship around the world, identify a true statement about microloans.

• A)Such loans typically see much lower repayment rate than most types of loans.
• B)The failure of such loans has resulted in a decreasing dedication of the U.S.aid budget to microloans for developing nations.
• C)The repayment rate on such loans is typically 50 percent.
• D)The success of such loans has been substantial, with great strides being made in many desperately poor nations.

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Definitions:

Specific Heat

Specific heat is the amount of heat per unit mass required to raise the temperature of a substance by one degree Celsius, reflecting the substance's ability to absorb heat.

Building Fire

A destructive conflagration occurring in structures such as homes, offices, and public buildings, often leading to damage or destruction of property and potential loss of life.

Intermolecular Forces

Forces of attraction or repulsion which act between neighboring particles (atoms, molecules, or ions).

Specific Heat Capacity

The quantity of thermal energy necessary to increase the temperature of a given mass of a material by one degree Celsius.