Why Wasn't Everyone Else Already Implementing Group Responsibility to Lend

question 15

Multiple Choice

Why wasn't everyone else already implementing group responsibility to lend to the poor in the example in the text?

• A) Governments of poor countries had regulations against group responsibility.
• B) The idea was genuinely new.
• C) It was not profitable.
• D) It was easy for groups to provide false social security numbers for members that did not exist.

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