Author Question: Financial institutions for the poor have been neglected because a. large banks considered rural ... (Read 88 times)

jrubin · **on:** Jun 30, 2018

Financial institutions for the poor have been neglected because

a. large banks considered rural branches to be unprofitable
b. economists and others believed that poor people were unable to save
c. the poor often save in non-monetary forms
d. small farmers and business people were considered to be untrustworthy borrowers
e. all of the above

Question 2

Describe some of the causes of urban giantism in developing countries.

What will be an ideal response?

isabelt_18 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

E

Answer to Question 2

The hub and spoke transportation system, avoiding transportation costs, location of industry in the political center, and the import substitution strategy that led firms to want to locate close to the local market.