The Objective of Establishing the World Bank Was to

question 50

Multiple Choice

The objective of establishing the World Bank was to

• A) revive the gold standard.
• B) promote general economic development.
• C) control and manage the International Monetary Fund.
• D) promote a floating exchange rate system.
• E) approve large currency devaluations.

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Definitions:

Everything Connected

A concept referring to the interconnectedness of devices, systems, and services through the internet and other communication technologies.

Interdependent

Mutually reliant on each other; a situation where entities depend on one another for resources, support, or functioning.

Environmental Resistance

The sum of environmental factors that limit the growth, distribution, or population size of an organism.

Biotic Factors

Living components of an ecosystem, such as plants and animals, that influence the structure and function of the ecosystem.