Which of the following is a financial instrument that can help alleviate poverty

Practice Questions

Q1
Which of the following is a financial instrument that can help alleviate poverty?
  1. Government bonds
  2. Microloans
  3. Stocks
  4. Derivatives

Questions & Step-by-Step Solutions

Which of the following is a financial instrument that can help alleviate poverty?
  • Step 1: Understand what a financial instrument is. It is a tool that helps people manage money.
  • Step 2: Learn about microloans. These are small loans given to people who need money to start a business.
  • Step 3: Recognize that microloans are specifically aimed at individuals in poverty.
  • Step 4: Realize that by providing these loans, people can improve their lives and businesses.
  • Step 5: Conclude that microloans can help alleviate poverty by enabling individuals to earn more money.
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