The u. s. has a fairly degree high of income inequality along with low mobility.
Micro lending is a very popular concept that involves giving small amount of money to the poor families who otherwise are not able to get loan from formal financial channels. Lending small amount of money helps the family to supports it's business and pull themselves out of poverty. Though there has been no study to support the evidence, it is believed to help people raise the living standard and bring huge difference.
Huge overhead costs involved due to small size of loan offered. Repayment of loan is a big problem. As we have seen above, the first clear drawback is the high cost of lending involved. Thus we can say that the A secret to the success of microlenders is their low operating costs.' is FALSE.
Learn more about income inequality here:- brainly.com/question/12156045
#SPJ4
Its a document that describes the process or result of a technical <span />
Answer:
B : Niche marketing
Explanation:
Niche marketing is a form of target marketing where a supplier focuses his marketing efforts towards a particularly small group. His services are usually modelled to the interest of his target market. An example is a pet furniture maker dog houses and other furniture targeted at dogs for purchase by dog lovers.
<span>While making a journal entry, debits must <span>c) Be less than</span> credits.</span>
The assertion is untrue. According to the 80/20 rule, even in times of limited resources, a company should make all efforts to produce 100% of its potential result on a particular topic.
<h3>What is implied by the 80/20 rule?</h3>
According to the Pareto principle, 20% of causes account for about 80% of the consequences for many outcomes. In other words, only a small proportion of causes result in disproportionate effects. Understanding this idea is crucial because it will enable you to decide which projects to prioritize in order to have the biggest impact.
The Pareto Principle in business describes how only 20% of a company's customers typically account for 80% of its revenue. Business owners who follow the 80/20 rule are aware that concentrating their marketing efforts on the top 20 percent will yield the best results.
One of the best ideas for time and life management is the 80/20 rule. This guideline, also referred to as the Pareto Principle, states that 80% of your results will be accounted for by 20% of your actions.
Learn more about 80/20 rule: brainly.com/question/28080786
#SPJ4