What Is the Basic Idea of Microcredit

question 314

Short Answer

What is the basic idea of microcredit?

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Definitions:

Consumerism

The societal trend characterized by the acquisition of goods and services in ever-increasing amounts.

Define Ourselves

The process by which individuals interpret, perceive, and assign meaning to their own identities, often influenced by social interaction and cultural norms.

Ethnocentrism

The conviction that one's own ethnic group or culture is superior by nature, frequently coupled with bias against different groups.

High Culture

Cultural products and practices considered superior or prestigious in society, often associated with the arts, literature, and intellectual pursuits.