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Which of the Following Is the Primary Goal of the Development

question 44

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Which of the following is the primary goal of the development phase?


Definitions:

World Bank

A worldwide banking entity that issues loans and grants to assist capital projects in impoverished countries through their governments.

Federal Reserve

The central banking system of the United States, responsible for implementing monetary policy, supervising banks, and providing financial services to depository institutions, the government, and the public.

Microfinance Loans

Small loans provided to individuals or groups in impoverished areas to spur economic development.

Bank Loans

Borrowed sums of money from banks that individuals or businesses must repay with interest according to agreed-upon terms.

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