You are given the definition of the word a blank space to fill in the word and no word bank. Its first goal is to end extreme poverty.
The world bank is comprised of 2 institutions the ibrd and the international development association ida.
World bank definition quizlet. The world bank is an international organization dedicated to providing financing advice and research to developing nations to aid their economic advancement. Although the holy see is a sovereign state it is not classified by the world bank under this definition. World bank high income economy.
The world bank is an international financial institution dedicated to reducing poverty around the world through capital investment and the facilitation of trade. An international cooperative organization established in 1945 under the bretton woods agreement to assist economic development esp of backward nations by the advance of loans guaranteed by member governmentsofficially called. It is one of a variety of.
The world bank focuses on six main themes. The world bank was created out of the bretton woods agreement as a result of many european and asian countries needing financing to fund reconstruction efforts. Its first goal is to end extreme poverty.
International bank for reconstruction and development. International organization that continues to work to improve conditions in all nations. In ap world history we periodically take vocabulary quizzes.
The international bank for reconstruction and development ibrd is a global development cooperative owned. The gcc countries for example are classified as developing high income countries. For this reason many students do not do well on the ap world history vocabulary quizzes.
It wants to no more than 3 percent of people to live on 190 a day or less by 2030. These quizzes usually consist of ten words of about twenty from a unit on a half sheet of paper. The world bank is an international organization that helps emerging market countries to reduce poverty.
Thus a high income country may be classified as either developed or developing. World bank consist of ibdr and imf. The world bank group wbg was established in 1944 to rebuild post world war ii europe under the international bank for reconstruction and development ibrd.
The world bank proclaims a goal of reducing poverty all of its decisions must be guided by a commitment to promote foreign investment international trade and facilitate capital investment. What is the world bank. The worlds largest development bank ibrd provides financial products and policy advice to help countries reduce poverty and extend the benefits of sustainable growth to all of their people.