Question

The world bank is the principal organization that ______. finances worldwide mergers provides low-interest loans for improvements in developing nations provides banking operations for multinational organizations provides loans to developed nations monitors banks and credit unions globally

Answer 1

The world bank is the principal organization that PROVIDES LOW-INTEREST LOANS FOR IMPROVEMENTS IN DEVELOPING NATIONS. This is part of the world bank strategies to help developing economies in their bids to develop their nations. The low interests generated by the loans make it easy for the borrowing nations to repay the loan.

Answer 2

Provides low-interest loans for improvements in developing nations. I would say this is the main purpose of the World Bank. For example, the artesanal miners in Latin America may need money for their small scale refining equipment to enable them to extract gold from streams and rivers successfully.