_____ Is the Practice of Lending Very Small Amounts of Money

question 59

Short Answer

_____ is the practice of lending very small amounts of money to people who are starting or operating small businesses, especially in developing countries.

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Definitions:

Significant Others

People whose views and attitudes are very important and worthy of consideration. The reflected views of a significant other have great influence on the individual’s self-concept and self-regulation.

Social Psychology

The scientific study of how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Rewards

Benefits or positive outcomes that are given in response to an individual's actions or behaviors, often used as a form of encouragement or motivation.

Positions

The roles or rankings that individuals occupy within a social or organizational structure.