Author Question: Why are rotating credit associations common in societies with a traditional sharing system? A) ... (Read 31 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
Why are rotating credit associations common in societies with a traditional sharing system?
 
  A) You are obliged to help when others ask for money, so it's easier to save if you have an obligation to save for your contribution.
  B) Rotating credit associations are by nature an altruistic venture, with individual contributors receiving little in return.
  C) Societies with traditional sharing systems rarely have formal banking institutions, so there is no alternative way to save money.
  D) Rotating credit is a complex version of generalized reciprocity, which has its roots in traditional sharing systems.

Question 2

While there are many negative consequences to globalization, the United Nations has suggested an improvement in __________.
 
  A) literacy rates
  B) the spread of disease
  C) workers' wages
  D) deforestation rates



epscape

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

For a complete list of videos, visit our video library