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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?
Government bonds
Microloans
Stocks
Derivatives
Questions & Step-by-Step Solutions
Which of the following is a financial instrument that can help alleviate poverty?
Steps
Concepts
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.
No concepts available.
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