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vlabodo [156]
3 years ago
7

Microcredit loans typically are used to __________.

Social Studies
2 answers:
frez [133]3 years ago
6 0
Micro credit loans typically are used to start a small business out of one's home
Ket [755]3 years ago
3 0

Answer: b. start a small business out of one’s home Microcredit loans typically are used to start a small business out of one’s home.

Explanation:

Microcredit loans are loans provided by financial institutions to individuals in order to establish and run small businesses. These loans are usually given to the poor people in the society. Hence, it is a small loan which helps the poor to become business owners and grow their businesses. Microcredit loans are also known as microloans.

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How did innovation & competition contribute to economic growth & westward expansion?
Pachacha [2.7K]

Answer:

Innovation Lead to the invention of new products in the market and new methods to mass produce it (using machinery and non-renewable energies.)

Because of this, many people start to see an opportunity to accumulate wealth.  Often times, these people aimed to gained costumers from the same market. Which is why they compete with one another to make those costumers favor their products.  This lead to the creation of many jobs and tax payments for the government. Leading to rapid economic growth for the nation.

When a market in a certain area is saturated, many people started to look for new unoccupied territory to open new business. This is why they started to go to the west with the hope that they can find cheaper land and cheaper natural resources. This is what referred to as westward expansion.

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3 years ago
Gustaf and Hilltop Country Club disagree as to the exact amount Hilltop owes Gustaf for his landscaping work. They form a new ag
uysha [10]

Answer:   An accord and satisfaction

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3 years ago
How did Adam Smith and Robert Owen differ in their view of human nature?
marin [14]

Smith had not been one to let religious attitude restrict his thinking. He believed that more wealth to common people would benefit a nation's economy and society as a whole. In The Wealth of Nations, Smith described a self-regulating market.

3 0
2 years ago
Read 2 more answers
A government creates an army which purpose of government is fulfilling
timama [110]
Congress's power to raise an army
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What will happen if nothing is done to prevent the spread of the plague?
Tasya [4]

Answer:

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Explanation:

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2 years ago
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