Which of the following was responsible for the World Bank shifting its focus from Europe to third-world nations?
A)The Great Depression
B)The Jamaica agreement
C)World War II
D)The Marshall Plan
E)The Bretton Woods agreement

Question

Quizplus · Accepted Answer

The World Bank's initial mission was to help finance the building of Europe's economy by providing low-interest loans. As it turned out, the World Bank was overshadowed in this role by the Marshall Plan, under which the United States lent money directly to European nations to help them rebuild. So the bank turned its attention to development and began lending money to third-world nations.

Which of the Following Was Responsible for the World Bank