Which Organization Primarily Makes and Guarantees Loans to Developing Nations

question 45

Multiple Choice

Which organization primarily makes and guarantees loans to developing nations for basic development projects such as the construction of dams, roads, and schools?

• A) the World Bank
• B) the New Economic Order
• C) the Federal Reserve System
• D) the Committee on Economic Development

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Definitions:

Intelligent Failure

The concept of learning valuable lessons from the experiments and endeavors that do not succeed, thereby contributing to future success through improved knowledge and understanding.

Valuable Knowledge

Information or expertise considered critical or highly beneficial for achieving competitive advantage and operational efficiency.

Process Inadequacy

Wrong (or missing) processes set up in the organization, causing communication breakdown.

Communication Breakdown

A situation where communication fails to proceed or convey the intended message causing misunderstanding or confusion.