Sample 1

IB Economics: Sample 1

(ai) The large scale physical equipment and services necessary for economic activity, including roads, bridges, ports, telecommunications, water e.t.c.ii. Small loans extended to small firms (often single entrepreneurs) in developing countries to spend on increasing their output or investment in cpaital, like lending a Ugandan woman $ 20 for a bicycle to operate a delivery service. These are often used by NGOs to spur...

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