Inventions Are the Creation of

question 4

Multiple Choice

Inventions are the creation of

• A)new products based on new technology.
• B)new products or processes, often based on existing technology and know-how.
• C)usually several decades of research.
• D)individual scientists or engineers, working alone.

---

Definitions:

World Bank

A global financier providing lending and grant options to the administrations of economically challenged countries for capital project endeavors.

Economic Development

A process by which a nation improves the economic, political, and social well-being of its people.

International Transactions

Financial transactions and trade activities that occur between residents of different countries, including exports, imports, and capital flows.

International Monetary Fund

An international organization created for the purpose of promoting global monetary cooperation and financial stability.