Question

What was the initial primary role of the world bank? to aide in the reconstruction of europe after world war ii to help eradictate communicable diseases to try to avoid a repetition of the disastrous economic policies that had contributed to the great depression. to deal primarily with tariff negotiations to provide loans and take equity position in private companies?

Answer 1

The correct option is A

To aide in the reconstruction of Europe after world war ii

Established in 1947, the initial role of the World bank was to aid in the reconstruction of Europe. The first loan that the bank gave was a $250m to France. The world bank has since grew to cover all the countries with its primary focus being restructuring and reconstruction of economies, and fighting poverty.