What Was the Initial Mission of the World Bank

question 48

Multiple Choice

What was the initial mission of the World Bank?

• A)Maintain order in the international monetary system
• B)Promote general economic development in Third World nations
• C)Provide loans to the International Monetary Fund
• D)Help finance the building of Europe's economy through low-interest loans

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Definitions:

Moment-to-Moment

Describes experiencing or reacting to events one instant at a time, often associated with mindfulness and present awareness.

Relative Deprivation

A sense of dissatisfaction or resentment that arises from the belief that one is worse off compared to others in a similar situation or compared to societal norms.

Happiness Set Point

The theory suggesting individuals have a baseline level of happiness which, despite changes or life events, tends to return to its original level.

Adaptation-Level

A theory suggesting that people adapt to new stimuli and events, eventually perceiving them as normal and using this new norm as a baseline for future judgments.