Why do you think that the share of formal sector credit is higher for the richer

Answers

Answer 1

Answer:

Credit given by formal sectors has some rules and regulations that needs to be followed and also some collateral  that should to be submitted.   Most times collateral required by financial institution  for  loans  collection makes it difficult for the poor to take loans from banks and other institutions. Thus they have to rely on other informal sources. Most of these collateral can only be afforded by the rich thereby making them to have more access to loans.

Most of the people in rural areas don't have access to native bankers and other financial institution, this increases the share of informal sources of credit among the poor households.

Explanation:

Credit can simply be said to be  the total amount of money an individual, organisations, groups e.t.c. can borrow from a bank or other financial institution. Before any formal or informal organisation gives out loans, there are some guidelines and requirement needed.

Formals sectors includes banks and other government financial institution. their rates are quite cheap when compared to informal sectors but the procedures required as well as collateral makes it difficult for the poor and easy for the rich. that is even though banks advance the loans with cheaper interest rate poor households are not able to avail that loan due to terms of credit and formalities.


Related Questions

Which term refers to a situation in which torture can perhaps be justified if the government discovers that a captured terrorist knows the whereabouts of a dangerous explosive device that is set to go off and kill thousands of innocent people

Answers

Answer:

The term that refers to that situation is ticking bomb scenario.

Explanation:

Ticking bomb scenario is a scenario used in ethics to discuss the use of torture. Is torture an acceptable means when it comes to a dangerous explosive that can kill thousands of innocent people? Is it okay to hurt one person in order to save other people's lives? If it is, does that mean some lives are more valuable than others? There is a lot to consider in this debate, such as the effectiveness of torture, the knowledge of that person really being a terrorist and so on.

Which is harder to retain- Sole-Princeship (Dictatorship) or a Princedom with Barons (Absolute Monarchy)

Answers

Answer:

Dictatorship

Explanation:

It is harder to retain Dictatorship as compared to Absolute Monarchy because dictatorship is the illegally take over the government by head of the military with ending the democracy while Absolute Monarchy is comes from hereditary monarchies and it is legal. A dictator control the country through military forces which is sometimes unacceptable for the nation and they start revolt against the dictatorship so it is harder to retain Dictatorship.

Adolescents eat about _____ of their meals away from home, which can enhance or hinder their nutritional well-being

Answers

Answer: about 1/3 of their meals away from home

Explain what personal involvement in leadership means. Why is being personally involved important? What are some ways a leader can get personally involved and show that he or she cares?

Answers

Answer:

Personal involvement is important because leadership is about driving people towards the achievement of a goal, and one of the most effective ways of doing so is engaging personally with the people (the employee).

When a leader has personal involvement, the leader inspires more, and gains more trust from employees, meaning that the goals of the team are more likely to be achieved.

A team decision which makes a decision situation more familiar and safer is:_______

a. Free riding
b. Group hate
c. Risky shift

Answers

Answer:

Risky shift.

Explanation:

Risky shift is when a group or team agrees on a decision that would have been riskier for one individual to take alone. Such a group attitude would increase the chance for consequences that are not positive. In such a scenario people would change their decisions to be more riskier when they are in a group compared to when they are acting individually. It is a form of group polarization.

According to our textbook, the original audience for the Gospel of John seems to be Greek-speaking Jews who were living outside of Israel.
a. true
b. false

Answers

The correct answer is:

[tex] \Large{ \boxed{ \bf{ \color{blue}{True \: (A)}}}}[/tex]

The Gospel According to Matthew is the first book of the New Testament  and one of the three synoptic gospels.It tells how Israel's Messiah, rejected and executed in Israel, pronounces judgement on Israel and its leaders and becomes the salvation of the gentiles.The divine nature of Jesus was a major issue for the Matthaean community, the crucial element separating the early Christians from their Jewish neighbors; while Mark begins with Jesus' baptism and temptations, Matthew goes back to Jesus' origins, showing him as the Son of God from his birth, the fulfillment of messianic prophecies of the Old Testament.The title Son of David identifies Jesus as the healing and miracle-working Messiah of Israel (it is used exclusively in relation to miracles), sent to Israel alone.

━━━━━━━━━━━━━━━━━━━━

Regarding whether the Book of John was written for the Greek-speaking Jews, this statement is a. True.

The Book of John:

Clarified Jewish practices and traditions Was primarily written for Jews outside of Palestine

The author of the Book of John kept explaining and clarifying the customs that the people were going through. This meant that the Book was written for those who might not understand these customs which include Jews outside Palestine.

In conclusion, this statement is true.

Find out more at https://brainly.com/question/20895492.

which statement best describes an effect of a filibuster?

Answers

Answer:

It allows Senators to prevent a vote on Bills that would otherwise pass.”

Explanation:

It allows senators to prevent a vote on Bills that would otherwise pass.

Answer:

To delay the Senate's vote on a bill a senator dislikes

Explanation:

Paul asked ________________ to join him in his work at Lystra while on his second missionary journey.

Answers

Answer:

Timothy

Explanation:

Paul met Timothy during his second missionary journey and he became Paul's companion and was also a co-worker.

Paul later asked Timothy to join him in his work at Lystra while on his second missionary journey in order to preach the gospel of Christ in this region of the world.

Paul was known to be a preacher of the word. Paul asked Timothy to join him in his work at Lystra while on his second missionary journey.

Lystra was known to be a city in central Anatolia, now Turkey. It occurs about six times in the New Testament.

Paul as mentioned in the bible was said to visit Lystra a lot of times aong with Barnabas or Silas. There Paul met a young disciple, Timothy. Timothy was known to joined Paul and his companion in Lystra.

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The defense which recognizes that some behaviors may be justified because a greater harm is prevented is:

Answers

Answer:

defense of necessity

Explanation:

The description in the question refers to a defense of necessity. This is a court defense that applies when an individual commits a criminal act (usually during an emergency situation), but is done so in order to prevent a greater harm from occurring. Therefore, in these situations, the legal system tends to excuse the individual's criminal action because it is considered justified.

Every conflict presents you with a choice. You can choose to view conflict as an opportunity to teach or as an opportunity to blame and punish.

a. True
b. False

Answers

True. Viewing unpleasant conflict as a good opportunity for us individuals is the only way we will be able to deal with similar conflicts in the future.

Robert Yerkes, past president of the American Psychological Association, chaired a committee in which Terman and others served that developed verbal and non-verbal tests of the SATs.
a. True
b. False

Answers

Answer:

False

Explanation:

Robert Yerkes, past president of the American Psychological Association, never chaired a committee in which Terman and others served that developed verbal and non-verbal tests of the SATs.

During the tenure of Yerke as President of American Psychological Association, he was fully involved in the development of Army Alpha and Army Beta Intelligence Tests. This was part of his World War I efforts.

He had a committee which worked with him to develop the intelligence tests. Psychologists like Lewis Terman, Henry Goddard and Carl Birgham were in the commitee.

Therefore, it's a committee that developed Army Alpha and Army Beta Intelligence Tests and not verbal and non-verbal tests.

4 measures to discourage false identity

Answers

Answer:

Explanation:

Guard your Social Security number. Protecting this number is the most important part of preventing identity theft.

Take caution in public. Identity thieves are creative.

Protect your computer.

Don't ignore your trash

False identity simply means a situation where someone is pretending to be someone who he/she is not.

When a person stole another's identity by pretending to be them, it is known as False identity.

When social account been owned by person is operated by another and such person uses the account for all sort of purpose, such scenario is known as operating under false identity as well

Some measure on how to prevent/discourage False Identity are:

Protecting very sensitive information such as SSN, Password, Logins etcEncouraging multiple verification step by operators.Protection of one's computer from Spywares.

Learn more about False Identity here

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Rules of replacement are acceptable because the rules capture an important idea about logical equivalence.
a) true
b) false

Answers

Answer:

The answer is "Option b".

Explanation:

Logically, the replacement of rule is the rule of substitution that could only lead to a specific part of the logical expression, it is identical phrases will start replacing each other within the structure of valid logic.  

It is the probabilistic reasoning, replacement laws are applicable to manipulate initiatives.  This rule of inference is being used only for the whole linear combination, that can be substituted by a rule of substitution.

Direct democracy is a system in which participate

Answers

Answer:

is a form of democracy in which people decide on policy initiatives directly. This differs from the majority of currently established democracies, which are representative democracies

Explanation:

______is understanding yourself, your goals, your strengths and weaknesses, your biases, and your self-management skills.
A. Intercultural communication.
B. Intracultural communication.
C. Interpersonal communication.
D. Intrapersonal communication.

Answers

Answer:

D. Intrapersonal communication.

Explanation:

Intrapersonal communication is when an individual thinks and acts by himself. It involves one's own minds and thought about one's own life, be it about strengths and weaknesses, biases, or even self-management skills.

This type of communication that stems within an individual's frame of mind,w without the involvement or inclusion of any external person is called as intrapersonal. It needs no other individual in the 'communicative process' done only within the individual's life, mind, ideas and thoughts. In short, it is a form of communication that is done with oneself and does not require or include other individuals.

in what 4 ways are natural resources beneficial to Ghanian.

Answers

Answer:

Explanation:

Natural resources are resources that are not produce by human but are available in nature example is our water body such as river, lakes, ocean.

Ghana natural resources are gold, manganese, bauxite, industrial diamonds, timber, rubber, petroleum, silver and limestone.

This resources have amount for various changes that is found in the nation of Ghana.

Mining of Gold and bauxite that account for about 64.4 per cent of their export provides a source of employment security for the workers.

Exporting natural resources serves as a means for generating income for the government of Ghana which has help restructure their nation.

Improvement of livelihood of the people of Ghana as money flows and circulate

Natural resources makes a particular nation a source of attraction this leads to it development, new companies are constructed, importation of new technologies which help develops the country.

Three ways family benefits its members?

Answers

Answer:

It provides them food, clothing, shelter, and other essentials, and it also provides them love, comfort, help in times of emotional distress, and other types of intangible support that we all need. Third, the family helps regulate sexual activity and sexual reproduction.

Identity exploration among emerging adults has been found to be different for racial/ethnic minorities. What conclusion can we make about this group of youth?

Answers

Answer:

Many minority youth must take on adult responsibilities earlier than their peers.

what is latitude *a simplified definition*

Answers

Answer:

the angular distance of a place North or South of the earth equator ,of the equator of a celestial object ,usually expressed in degrees and mind.

A slave is expected to rush from task to task and to do any job immediately so a key word in Mark is "immediately."
a. true
b. false

Answers

Answer:  es cierto

Explanation:

porque sencillamente lo que quieren que haga el esclavo sea al instante; literalmente de inmediato

Answer:

The answer is A.(True)

Explanation:

Pls mark as brainiest answer

Charles Cooley developed the idea that you learn about yourself from the feedback you receive from others who react to you. So if others tell you that you are funny, you believe you are funny. This construct is called:

Answers

Answer:

Looking glass self.

Explanation:

Looking glass self was officially pulled off by Charles Cooley in the year 1902. It is a psychological phenomenon which gives a person the concept to see him/herself the way other people see them.

It is understood better with concepts of imagination of how others see us. Also imaginations on how other people tend to judge us also play vital role in such a type of phenomenon. This is why in the case used above of when someone is been told he/she is funny and the person outrightly believes it to be true; this piece clearly exhibit a perfect description of the looking glass self.

A child with a nasojejunal (NJ) or gastrojejunostomy (GJ) tube who presents with bilious vomiting most likely has intussusception.
A. True
B. False

Answers

Answer:

Option A => True.

Explanation:

When a child or patient suffers from not being able to eat and get enough nutrients that is required for normal growth or the normal functioning of the system of the patient or child, a tube known as the NASOJEJUNAL TUBE is being used to do the work. The tube is passed through the nose of the child down to the bowel.

The statement given in the question that is " A child with a nasojejunal (NJ) or gastrojejunostomy (GJ) tube who presents with bilious vomiting most likely has intussusception" is TRUE

The term " intussusception" so means blockage of the intestine and this is a problem that may occur with the use of nasojejunal (NJ) or gastrojejunostomy (GJ) tube.

According to Nostrand, what is an area wherein new basic cultural systems and configurations are developed and nurtured before spreading vigorously outward to alter the character of much larger areas

Answers

Answer:

Culture hearth

Explanation:

The definition of a culture stove refers to an area where new basic cultural systems and configurations have been developed and nurtured, which have certainly spread outward to change the character of very large areas.  and It was written by Richard L. Nostrand.so correct answer is Culture hearth

The Constitution states limits on the powers of the national government. What type of governmental system does this reflect

Answers

Answer:

I believe it is Federalism.

Explanation:

I hope the image helps.

Compare and contrast the forms of resistance to slavery represented by "Escaping Slavery via the Underground Railroad" and the portraits of Dred and Harriet Scott. Which do you think is the more effective form of resistance, and why?

Answers

The correct answer to this open question is the following.

The Underground Railroad was not a railroad per se, but a group of people that helped crossed the southern lines to the Northern states, so slaves could escape from the tyranny of the owners of the large plantations of the South. It was the Quakers in the 1800s who started to form this group and helped slaves to escape.

On the other hand, Dred and Harriet Scott were two black slaves that sued for their liberty in the 1840s, claiming they had lived in a free territory. The Supreme Court decision or better known as the Dred Scott decision infuriated many people in the North and was one of the reasons for the beginning of the American Civil War.

I think that the Underground Railroad case was a more effective form of resistance because it made many whites and blacks united for a noble cause, despite they were risking their lives to help black slaves to escape from the southern territory.

how does national anthem help to unite people of nepal??​

Answers

Answer:

It represents of all Nepalese culture, biological diversity and it's beauty. It talks about peace, pride, unity and respect of all people living in the nation.

Jesus asked James three times, "Do you love Me?" Upon Peter’s positive confession Jesus recommissioned him to service.
A. True
B. False

Answers

B. False is the answer

A new resident recently fell and broke his hip, which is what prompted his move into the long-term care facility. He has become very dependent on other for the first time in his life. Even though the facility is comfortable, provides good medical care, and serves food he enjoys, he is depressed. According to Maslow's Hierarchy of Needs, which of the needs could the resident be struggling with

Answers

Answer:

Need for self-esteem.

Explanation:

Maslow's Hierachy of Needs is a theory of motivation that suggests people act when they are motivated by by their needs. The theory was developed by Abraham Maslow in 1943. The hierarchy of needs is divided into five levels.

Psychological Needs.Safety Needs.Love/Belongingness Needs.Esteem Needs.Self-actualization Needs.

The level in which the need of the new resident fall is self-esteem needs. In this level of people wants to feel appreciated and respected. They want to feel that they are valued by contributing to the society.

In the given case, the new resident is lacking self-esteem as he is dependent on others now for the first time in his life. This makes him feel inferior.

Thus the correct answer is need for self-esteem.

A person who obeys the rules because of a sense of social obligation to behave in certain ways is functioning at which level of moral development?

Answers

Answer:

conventional

Explanation:

An individual who does this is functioning at a conventional level of moral development. This level refers to individuals who judge the morality of an action or situation by comparing them to society's views and expectations that have been set. This stage is mostly seen in adolescents and adults who have already experienced and learned what society deems acceptable.

Why did this genocide start and who was involved? What steps might people have taken to prevent genocide? Provide examples of those steps. How can the international community prevent genocide in the future?

Answers

Hello. You didn't say which genocide you're referring to. However, genocides start because of ethnic, national, racial, religious and even political prejudices, the people involved in this practice, are authoritarian people and regardless of differences. To prevent the genocide, people can adopt measures that encourage the acceptance of differences between citizens, in addition to choosing their political representatives who do not encourage prejudiced and violent terms and behavior.

The international community can prevent genocides by paying attention to authoritarian, theocratic, ultra-nationalist governments that exhibit any type of harmful behavior. In addition, the international community can establish institutions that promote integration between people of races, ethnicities and religious. We cannot fail to mention that the international community must act in order to ban any hate speech proclaimed by leaders, in addition to harsh repressions for governments that incite genocide.

Answer:

Look picture

Explanation:

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