Question

Read this excerpt describing the mission of the World Bank.

The World Bank is a vital source of financial and technical assistance 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?

The World Bank is a source of financial assistance.
The World Bank aims to improve living standards.
The World Bank provides low-interest loans and credit.
The World Bank serves people of different income levels.

Answer 1

Answer:

The World Bank is a source of financial assistance.  

Explanation:

The World Bank serves people of different income levels but regular banks do that.

The World Bank aims to improve living standards, no because it is more for hep  developing countries.

The World Bank provides low-interest loans and credit but there is a better answer.

The World Bank is a source of financial assistance because it help developing countries and has easier loans and credit

Answer 2

The World Bank aims to improve living standards.

What is the role of the World Bank in globalization?

The WBG supports developing countries through the development of trade policy to deepen their integration into regional and global economies and increase trade performance while facilitating trade through streamlined border management and more efficient logistics

What are the important global roles that World Bank plays?

The World Bank concentrates on long-term investment projects, institution-building, and on social, environmental, and poverty issues. The IMF focuses on the functioning of the international monetary system, and on promoting sound macroeconomic policies as a precondition for sustained economic growth.

Learn more about the World Bank here https://brainly.com/question/9882243

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