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Svetradugi [14.3K]
2 years ago
8

Read this excerpt describing the mission of the World Bank. The World Bank is a vital source of financial and technical assistan

ce to developing countries around the world. It is not a bank in the common sense. Instead, it plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards. It provides low-interest loans, interest-free credit, and grants to developing countries for education, health, infrastructure, communications, and many other purposes. According to this excerpt, what is one major way in which the World Bank differs from a regular bank
Business
1 answer:
Scilla [17]2 years ago
6 0

Answer: The World Bank aims to improve living standards

Explanation:

According to this excerpt, one major way that the World Bank differs from a regular bank is that The World Bank aims to improve living standards.

Unlike the other banks such as commercial banks that give out loans or help customers keep valuables, the World Bank is a source of financial and technical assistance to developing countries around the world. They seek to improve the living standards of the people and bring about economic growth.

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