Recent Protests Against World Bank Operations Involve Complaints of Supporting

question 39

Multiple Choice

Recent protests against World Bank operations involve complaints of supporting countries permitting sweatshop labor or that restrict religious freedom,and _____.

• A)financially assisting al Qaeda-linked governments
• B)encouraging fraudulent lending practices in Latin America
• C)ignoring major human rights violations in western Africa
• D)instituting unfavorable balance of payments in developing nations
• E)financing projects which could damage the ecosystem

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Definitions:

Full Employment

Employment level when there is no cyclical unemployment.

Command Economy

An economic system where the government makes all decisions regarding what goods should be produced, how they should be produced, and who gets them.

Inefficiency

A lack of efficiency, where resources are not utilized in the best possible manner, often leading to waste or lost opportunities.

Highest-valued Uses

Refers to the allocation of resources where they can generate the highest possible value or benefit, optimizing economic efficiency.