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Anestetic [448]
3 years ago
15

I

Business
1 answer:
svlad2 [7]3 years ago
3 0

Answer:

Allocative efficiency is about distributing or allocating resources in the best possible manner. E.g. in order to fight the current pandemic, more resources ($) is allocated to different health care institutions.

Productive efficiency is about how a company or a person uses the resources that it has in order to produce the greatest amount of benefits at the lowest possible cost. E.g. in a hospital, if a doctor is able to treat 15 patients per day, his/her productive efficiency will be higher than another doctor that only treats 10 patients per day.

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Organizations offer aspiring entrepreneurs in developing countries small loans to help them get their businesses started. these
jolli1 [7]

microcredit

What is microcredit?

Microcredit is the provision of very tiny loans (microloans) to disadvantaged borrowers who lack collateral, consistent employment, or a verified credit history. It is intended to encourage business and alleviate poverty. Many clients are uneducated and hence unable to complete the documentation required for traditional loans.

Microcredit is a subset of microfinance, which provides the needy with a broader range of financial services, including savings accounts. The Grameen Bank, founded in Bangladesh in 1983, is widely regarded as the birthplace of modern microcredit. Despite initial reservations, many regular banks eventually adopted microcredit. 2005 was designated as the International Year of Microcredit by the United Nations. Microcredit is a method that can potentially help to lessen the feminization of poverty in developing countries.

To learn more about Microcredit

brainly.com/question/21182528

#SPJ4

4 0
1 year ago
Marco is a Latino who lives in Boston, Massachusetts. Over the years, he has noticed that more stores in his community specializ
boyakko [2]

Answer:

<u>the trend of more Latino immigration </u>

Explanation:

The stores have identified a market opportunity because of the increase in Latino immigrants in Boston, Massachusetts.

Note that when a significant amount of a population come from a certain ethnic group, demand for ethnic products is more likely to increase. Thus, this has made Marco feel very much at home.

3 0
3 years ago
What is critical thinking?
Jlenok [28]

Answer:

Critical thinking is the analysis of facts to form a judgment. The subject is complex, and several different definitions exist, which generally include the rational, skeptical, unbiased analysis, or evaluation of factual evidence.

Explanation:

i just know

3 0
3 years ago
Read 2 more answers
Why should I prepare myself to be career-ready in multiple career clusters ? (3-4 sentences )
marin [14]

Answer:

Knowing the projected growth trends of your desired future career can help you map out a career trajectory

Find out who the big players are in your desired industry.

Interacting and networking with others can keep you in the loop when it comes to your future career.

Explanation:

5 0
2 years ago
When is a bond's par value generally repaid?
mote1985 [20]
At maturity.........................
7 0
3 years ago
Read 2 more answers
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