Why Is Microcredit Considered by Many to Be Effective and Self

question 16

Multiple Choice

Why is microcredit considered by many to be effective and self targeted tool for reducing poverty?

• A) Low income earners are liquidity constrained
• B) High income earners are not likely to be liquidity constrained
• C) High income earners are unlikely to find the high interest rates attractive
• D) All of the above are correct.

Understand the key strategies and responses employed by the United States during the early Cold War period.

Recognize the role of cultural and ideological conflict in the Cold War, including the use of art and media.

Gain knowledge of the economic and foreign policies underpinning the Marshall Plan and their objectives.

Evaluate the impact of racial politics and civil rights movements during the Truman administration.

---

Definitions:

Client-therapist Relationship

The professional and therapeutic bond between a psychologist or therapist and their client, which is foundational to the treatment's effectiveness.

Evidence-based Treatment

Therapeutic interventions that have been scientifically tested and proven to be effective for specific disorders.

Cognitive-behavioral Therapy

An approach in psychotherapy that targets unhealthy emotions, actions, and mindsets through an organized, purposeful method.

Gestalt Therapy

The humanistic therapy developed by Fritz Perls in which clinicians actively move clients toward self-recognition and self-acceptance by using techniques such as role playing and self-discovery exercises.