Many of the major projects of the World Bank have been for
A) making loans to private citizens.
B) building infrastructure in a nation.
C) supervising the banking system in DVCs.
D) establishing new tax systems for governments in DVCs.

Question

Quizplus · Accepted Answer

The World Bank is known for providing loans to developing countries for infrastructure projects such as building roads, bridges, and power plants. These projects aim to stimulate economic growth and reduce poverty in these countries. The World Bank also provides technical assistance and policy guidance to governments in developing countries to help them manage their economies effectively. However, the World Bank does not usually make direct loans to private citizens. Instead, its loans are usually made to governments or state-owned enterprises. Therefore, option B is the best choice.

Many of the Major Projects of the World Bank Have