One Recent Innovation to Help Alleviate Poverty in Poorer Countries

question 31

Multiple Choice

One recent innovation to help alleviate poverty in poorer countries through small loans to small businesses is known as:

• A)macrofinance.
• B)microcredit.
• C)millennial loan programs.
• D)structural loans.
• E)flexible funding.

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Definitions:

Abolition Movement

A historical campaign, especially in the 18th and 19th centuries, aimed at ending the practice of slavery and the slave trade.

Abolitionists

Individuals who advocated for the immediate end of slavery and the emancipation of slaves in the 18th and 19th centuries.

Abraham Lincoln

The 16th President of the United States, remembered for leading the country during the Civil War and issuing the Emancipation Proclamation, which began the process of freedom for America's slaves.

Slaves Freed

The act of emancipating or the state of being emancipated from slavery; particularly refers to historical events such as the Emancipation Proclamation or the end of the Civil War in the United States.