Why was the World Bank formed?
A) Because developed nations realized that developing nations do not have any banks
B) Because national banks sometimes lack sufficient cash reserves
C) To act as a global policing service
D) To loan money to underdeveloped and developing countries
E) To help developed nations obtain money to start businesses

Question

Quizplus · Accepted Answer

The World Bank was established in 1946 by industrialized nations,including the United States,to loan money to underdeveloped and developing countries.

Why Was the World Bank Formed