During World War II the TWI (Training Within Industry)was Established

question 71

Multiple Choice

During World War II the TWI (Training within Industry) was established by the:

• A)Federal Government
• B)State of New York
• C)U.S.Chamber of Commerce
• D)General Electric

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Definitions:

Loanable Funds

The pool of money available for borrowing in the financial markets, governed by interest rates, which balance the supply of savers and the demand by borrowers.

Interest Rate

The percentage of a loan subject to interest fees for the borrower, often shown as an annual portion of the outstanding loan balance.

Bank Lending

The process by which banks offer loan products to customers, thereby generating profits from the interest charged.

Loanable Funds

The market where savers supply funds for loans to borrowers.