In Developing Countries, Farmers Typically Borrow from Informal Lenders at High

question 6

Multiple Choice

In developing countries, farmers typically borrow from informal lenders at high interest rates because

• A) the government wants to restrict agricultural development.
• B) farmers generally have little collateral.
• C) formal financial lenders are too risk averse.
• D) farmers are good credit risks.
• E) none of these.

Understand the Puritans' desire for reform within the Church of England and its impact on their migration.

Analyze the socio-economic conditions in seventeenth-century England that led to migration to the New World.

Grasp the significance of religion and conversion efforts among Native Americans by European missionaries.

Understand the views of English settlers towards Native Americans and the factors contributing to conflicts.

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