The World Bank was established in 1944 to _______________.

Question

Quizplus · Accepted Answer

The World Bank was established to fund economic development projects, such as dams and irrigation projects, in developing nations. Option A is incorrect because the World Bank does not loan money to heads of state for military infrastructure. Option C is incorrect because though the World Bank does provide funding for environmental initiatives, that is not its primary purpose. Option D is incorrect because the World Bank was created to help developing countries, not multinational corporations. Option E is incorrect because the World Bank primarily funds development projects in developing countries rather than in developed nations.

The World Bank Was Established in 1944 to _______________