Author Question: Microcredit programs a. provide loans to people who generally cannot get traditional credit. b. ... (Read 95 times)

NClaborn · **on:** Jul 2, 2018

Microcredit programs

a. provide loans to people who generally cannot get traditional credit.
b. require an applicant to provide a 20 minimum capital investment and have good credit.
c. offer World Bank loans to large capital investors who agree to establish manufacturing industries in developing countries.
d. do not require repayment of loans if the recipients establish businesses in low-income areas.

Question 2

Advocates for the poor point out that economic development

a. always reduces poverty.
b. has no impact on poverty.
c. does not always reduce poverty, but does not increase it.
d. sometimes increases poverty.