A Federally Sponsored Program Which Offers Loan Guarantees to Create

question 41

Multiple Choice

A federally sponsored program which offers loan guarantees to create and expand businesses in areas with below-average income and high unemployment is called:

• A) the Small Business Administration.
• B) the Economic Development Administration.
• C) SBIC.
• D) U.S. Department of Agriculture's Rural Business Co-op Service.

---

Definitions:

Cross-Sectional Research

A research method that analyzes data from a population, or a representative subset, at a specific point in time.

Erik Erikson

A developmental psychologist known for his theory on the psychosocial development of human beings, which outlines eight stages from infancy to adulthood.

Psychosocial Development

A theory proposed by Erik Erikson that describes how individuals' social relationships and sense of identity develop across eight stages from infancy to adulthood.

Correlational Information

Data that indicates the relationship between two variables, showing how one may predict or relate to the other without implying causation.