Thrift Institutions' Importance as a Source of Funds for Borrowers

question 32

Multiple Choice

Thrift institutions' importance as a source of funds for borrowers

• A) has shrunk from around 40 percent of total credit advanced in the late 1970s to below 30 percent today.
• B) has shrunk from over 20 percent of total credit advanced in the late 1970s to below 10 percent today.
• C) has expanded dramatically, from around 15 percent of total credit advanced in the late 1970s to above 25 percent today.
• D) has expanded dramatically, from around 15 percent of total credit advanced in the late 1970s to above 30 percent today.

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Definitions:

Jean Piaget

A Swiss psychologist renowned for his pioneering work in child development, specifically his theory of cognitive development which outlines how children progress through distinct stages of intellectual growth.

Psychologist

A professional specialized in the study of the mind and behavior, often involved in research, diagnosis, and treatment of mental health issues.

Zone Of Proximal Development

Vygotsky's concept of the difference between what a learner can do without help and what they can achieve with guidance and encouragement from a skilled partner.

Scaffolding

Adjusting the level of parental guidance to fit the child’s efforts, allowing children to be more skillful than they would be if they relied only on their own abilities.