Creditworthiness is a valuation performed by lenders that determines the possibility a borrower may default on his debt obligations. It considers factors, such as repayment history and credit score.
According to Gerhard Lenski, the growth of the middle class reduces the polarization between the owning and the working class.
In Gerhard Lenski's theory of inequality, he explained that in the society, some people are going to have a surplus of goods in the society. While other people would not be so lucky to have the same.
According to him, social inequality would arise due to the fact that some people are going to have more bargaining power than other people that are in the society.
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Answer:
here you go hope will be good
Explanation:
Most federal aid is distributed to the states in the form of categorical grants. federal grants given to state and local governments for broad purposes, such as welfare, community development, public health, or education.
The three general types of federal grants to state and local governments are categorical grants, block grants, and general revenue sharing (see Table 1).
There are actually just four main types of grant funding. This publication provides descriptions and examples of competitive, formula, continuation, and pass-through grants to give you a basic understanding of funding structures as you conduct your search for possible sources of support.
