An Organization Authorized by the SBA to Make Insured Loans

question 33

Multiple Choice

An organization authorized by the SBA to make insured loans to small businesses that are expected to increase economic activity within a specific geographic area is referred to as a(n) _____.

• A) community development organization
• B) accelerator
• C) economic cooperation organization
• D) limited partnership

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Definitions:

Communism

A political and economic ideology advocating for a classless society in which property and the means of production are communally owned.

Factor of Production

Economic resources used in the process of producing goods or services, typically categorized into land, labor, capital, and entrepreneurship.