7
QuizMultiple Choice

Gender and Economic Development

Question 7 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

The Grameen Bank of Bangladesh __________.

Answer
A
is a vocational training site for women in the developed world
B
has been cited by the United Nations as being discriminatory against women
C
started the practice and concept of microloans
D
provides loans to men in female-dominated societies

Explanation

The Grameen Bank, founded in Bangladesh by Muhammad Yunus, became widely known for pioneering modern microcredit: small loans made to people who often lack access to traditional banking. Although lending in small amounts existed earlier, the bank helped establish and popularize the microloan model described in choice C.

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