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

Fernando noticed that the percentage of federal income taxes his employer deducts from his paycheck each week has increased. This means he has less money to spend. However, he has heard that the company he works for just received a large contract from the federal government to build more high-tech helicopters for the military. Olivia is happy that the percentage she pays in federal income taxes has decreased this year. She is thrilled that the candidate who ran on a platform of tax cuts won. She is finally able to purchase a new car and to save money for a down payment on a home. At dinner that night, her friend tells her that his unemployment benefits have just been reduced, will run out soon, and won’t be renewed. What is the relationship between taxes and government spending in these two scenarios?

Answers

Answer: When one pays a smaller percentage of a paycheck to taxes, the government takes in less money initially, but most likely takes in more money overall in the long run.  When unemployment checks are reduced in amount, the government spends less money.

Explanation: With reduced tax deducted from a paycheck, the wage earner has more money to spend, which stimulates the economy. More jobs become available, there is less incentive to live off of unemployment dollar amounts, and fewer people are unemployed. With more people working, there are more paychecks, which increases the overall tax paid to the government. The government, the economy and the taxpayers all benefit.

Answer: In Fernando’s case, an increase in federal income taxes is enabling the government to spend more on the military. In Olivia’s case, a decrease in federal income taxes means the government has less money to spend and has to reduce funding for programs such as unemployment insurance.

Explanation: edmentum answer

Match the followings with each others.

1. Unicameral Legislature
2. The Constitution
3. Articles of Confederation
4. Federal judiciary established

a. representative elected by popular vote
b. Constitution
c. States authorized to equip warship to counter piracy
d. Articles of Confederation

Answers

Answer:

1=D

2=A

3=B

4=C

Explaination:

Kazakhstan’s capital was Almaty, then it was moved as a forward capital to Astana. What is the new name of Kazakhstan’s capital city?

Answers

Answer:

Nur-Sultan

Explanation:

Kazakhstan's capital was Almaty before it was moved to Astana and now it has been renamed to Nur-Sultan to honor the country's long-serving president Nursultan Nazarbayev who resigned in 2019.

This move was proposed by Tokayev for the leader who ruled Kazahkstan for decades until his resignation in 2019.

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.

According to Jung, the deepest, impersonal layer of the unconscious mind that is shared by all humans is called the

Answers

Answer:

collective unconscious

Explanation:

The collective unconscious is an idea originated by psychologist Carl Jung, also called the objective psyche or autonomous psyche today. The collective unconscious suggests that the deepest part of unconscious mind in humans is shared by all equally, inherited and not influenced by personal experience. This idea is differentiated from the personal unconscious mind of Freud's psychoanalysis and is much broader. According to Carl Jung, the collective unconscious is made up of human instincts and archetypes(universal symbols) and experiences only bring meaning to them

The gross domestic product goes up when there is which of the following?
A. A rising unemployment rate
B. More investment in businesses
C. Less government spending
D. A reduction in exports​

Answers

I think a reasonable answer would be more investments in business?

Answer:

B

Explanation:

took the exam 2021

Programs that increase social interpersonal competence and decrease __________ tend to reduce delinquency. Group of answer choices

Answers

Answer:

School Failure

Explanation:

Juvenile Correctional facilities are  made available by government to help in Juvenile correction. Juvenile are usually refereed to age below 18. most times, the younger generation are involve in all sort of crime such as drug dealing, fighting, inflicting serious injuries and sometimes murders. the aim of the correction facilities is to help reduces the above cases among youth. research has shown that thus far, crime rate has decreased through the above process .The procedures of juvenile corrections incorporate ​informality and discretionary decision making.

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.

Learn more from

https://brainly.com/question/21937353

How did some Jews resist Nazi oppression and persecution during the Holocaust?

by arming themselves
by joining the SS
by forming a new government
by organizing public protest rallies

Answers

The Holocaust, Jews resisted Nazi oppression and persecution by arming themselves.

Who were the Jews?

Jews or Jewish human beings are an ethnoreligious institution and state originating from the Israelites and Hebrews of ancient Israel and Judah.

Jewish ethnicity, nationhood, and faith are strongly interrelated, as Judaism is the ethnic faith of the Jewish people, despite the fact that its observance varies from strict to none.

Jews originated as an ethnic and non-secular institution inside the Middle East all through the second millennium BCE in the part of the Levant called the Land of Israel.

Some keep in mind that those Canaan-sedentary Israelites melded with incoming nomadic businesses called the "Hebrews."

Though few reassessments go into detail about the exilic intervals, the enjoyment of life in the Jewish diaspora, from Babylonian captivity and exile to Roman profession and exile.

During World War II, about 6 million Jews for the duration of Europe were systematically murdered with the aid of Nazi Germany throughout the Holocaust.

Since then, the population has gradually increased and, according to the Berman Jewish Data Bank, was estimated to be 14.6–17.8 million in 2018, accounting for less than 0.2 percent of the total international population.

So it's miles clear from the above statements that arming themselves is the best option.

Learn more about Jews, refer to:

https://brainly.com/question/11702706

#SPJ2

Answer: it's the second option by arming themselves

Explanation:

The excerpt is from the Universal Declaration of Human Rights.

Everyone is entitled to all the rights and freedoms set forth in this Declaration, without distinction of any kind, such as race, colour, sex, language, religion, political or other opinion, national or social origin, property, birth or other status.

–Article 2,
Universal Declaration of Human Rights

This passage from the declaration is designed to

ensure human rights for United Nations members.
explain how human rights violators will be punished.
protect human rights of all people in the world.
grant human rights to the world’s most powerful people.

Answers

Answer:

protect human rights of all people in the world.

Answer:

C) protect human rights of all people in the world.

Explanation:

As a Caucasian in the United States, being reasonably sure you will be dealing with authority figures that are of the same race as you is a result of:

Answers

Yessssssssssssssssssssss

Fred is seven and would like to be a professional baseball player. He sees this as something that can happen quite soon. According to Super, he has yet to develop:________

Answers

Answer:

This question lacks options, options are:

A. External control.

B. Planfulness.

C. Problem solving.

D. Time perspective.

The correct answer is D.

Explanation:

Time perspective is a process in which the experiences of the individual are attached to the time frames, that is, past, present and future, influence the way in which an individual organizes and provides meaning to the experiences, this can likewise affect the decisions made by an individual in response to specific stimuli. According to Donald Super (1955), Vocational Maturity is a multicausal or multifactorial psychological variable, which can be measurable or quantifiable and has a predictive character. In the growth phase, occupational preferences respond to the individual's emotional needs, rather than professional skills and interests and tend to change over time. From birth to 14 years of age, during this period, observation, information search and identification govern the actions of individuals, taking as reference models the significant figures in the environment, such as school, family, community, with the aim of discovering information about oneself and developing the concept of the self. In the fantasy stage, which spans from birth to age 11, it is characterized by the search for pleasure, attraction to occupations of power, distortion of the perspective of time, absence of objectivity, adventure, excitement and questioning of fantasy.

A historian is examining religion's role in history. Which question might the
historian ask if she were organizing her study by period.

Answers

The answer is attached.

Achievements :)

True or False. The brain area that is activated when people smell disgusting food is similarly activated when they feel moral disgust in response to a perceived injustice.

Answers

Answer:

True

Explanation:

It is true that the brain area that is activated when people smell disgusting food is similarly activated when they feel moral disgust in response to a perceived injustice.

The brain area where this is activated is known as Insula (Insular cortex). It's a neural structure that is involved in both physical and moral disgust.

Unpleasant smell, tastes and sighting a disgusting object or situation activate the insula.

In order to speed up Jesus’ death so that it did not conflict with the Sabbath, the Jesus legs were broken at the request of the religious leaders.

a. True
b. False

Answers

Answer:

False

Explanation:

on the basis of subsistence strategy or mode of life in which types of society do you think the majority of Nepalese people belong to​

Answers

Answer:

The mode of life of people of Nepal are agriculture and have Patriarchal society.

Explanation:

Agriculture is the main profession of the people of Nepal and the Patriarchal society is present in which head of the family is man. Patriarchal society is a type of society which is present in Nepalese people or in their country. The majority of people belongs to Hindu religion in the country but also other religions such as Buddhism etc is also present in Nepal. Patriarchal society is a type of society which is controlled by men in various fields of society such as leadership in politics and property etc.

Inhibition of perceptual/attentional processes and inhibition of motor processes have both been proposed as possible mechanisms for which phenomenon?

Answers

Answer:

Inhibition of return

Explanation:

Inhibition of return is the term used to represent orientation mechanisms that have the ability to increase the speed with which an object is detected, in addition to directly interfering in the accuracy of that detection. Within this system, the speed is increased by approximately 100-300 milliseconds, which causes a total difference in results.

Due to the relevance of the inhibition of return, many possible mechanisms have been proposed to compose it as the inhibition of perceptual / attentional processes and inhibition of motor processes.

In a republic, elected officials create laws to regulate the economy.
OT
OF

Answers

The correct answer is T (True)

Explanation:

A republic is any form of government, in which, those who govern are representatives elected by citizens or citizens make government decisions. This means citizens have an influence on government decisions. Additionally, the role of representatives includes creating, approving, and enforcing laws, creating policies to address national or local issues, collecting taxes, creating and supporting a judicial system, among others. This means it is true in a republic elected officials create laws for the economy as it is a function of officials in a republic to create laws or policies related to different local and national aspects.

Answer: True

Explanation:

I took the test

Which of the following sequences accurately reflects the order of Piaget's stages of cognitive development, from birth through adolescence?
A) Sensorimotor, concrete operational, preoperational, and formal operational
B) Preoperational, concrete operational, preoperational, and formal operational
C) Sensorimotor, preoperational, concrete operational, and formal operational
D) Nonoperational, preoperational, operational, and postoperational

Answers

Answer:

Option C (Sensorimotor, preoperational, concrete operational, formal operational) is the correct choice.

Explanation:

Piaget’s cognitive development theory Switzerland scientist as well as psychologist Jean Piaget studied his offspring but instead gradually created a four-step paradigm of where and how existing insights were discovered throughout the mind mechanisms.

Four components or stages of cognitive growth Piaget defined would be as described in the following:

Sensorimotor stage.Pre-operational stage.Concrete operational stage.Formal operational stage.

Every other available options do not apply to something like the theory in question. So that the option above is the right one.

Violetta was injured in a bike accident while on a ride with Alfredo, who she knew was intoxicated. A court would regard this as

Answers

Answer:

Assumption of the risk

Explanation:

Assumption of the risk is a good defense to recklessness. It is a legal term used to describe when a person is prohibited from recovering damages for an injury that he or she sustained when he or she exposed him/herself willingly to a known danger.

An example is when a person sign a waiver before using a horse in a horse ranch or before entering a motorbike race.

It holds the view that the said individual understand and knows the risks when doing or embarking on a dangerous action and it applies so as to prevent the injured party from holding someone else accountable for their injuries they had sustained for they knew the risk involved.

The New Testament begins with the first coming of Christ and ends with the promise of His Second Coming.

a. True
b. False

Answers

Answer:

B. False

Explanation:

If John takes credit for work done on time, but blames his co-workers for his delays, his attitude is reflective of the: 1 point A. fundamental attribution error. B. primacy effect. C. self-fulfilling prophecy. D. self-serving bias. E. projection bias.

Answers

Answer:

D. self-serving bias.

Explanation:

A self-serving bias refers to the usual practice of people taking credit for positive things or events while blaming external forces for bad things. Age, community, psychological findings, and more will affect that. It tends to happen widespread across populations. As per the question John takes credit for the work which is finished on time but for the delayed work he blamed his co-workers and therefore his attitude reflects self-serving bias.

Which of the following "Progressive Amendments" gave women the right to vote? A. 16th Amendment B. 17th Amendment C. 18th Amendment D. 19th Amendment

Answers

Answer:

D. 19th Amendment

Explanation:

Answer:

D. 19th Amendment

Explanation:

The 19th Amendment to the US Constitution was added on August 18th of 1920. The amendment states that no United States citizen can be barred from voting because of their sex. Essentially, it allowed women to vote in addition to the men who had been voting for many years.

Therefore, the answer is D. 19th Amendment

A researcher would like to determine which age groups (18-29, 30-49, 50-64, 65 or older) in the United States currently identify playing golf as their favorite pastime. Which statistical study would be most appropriate to answer this question?

Answers

The available options are:

A. A census

B. A survey

C. A single-blind experiment

D. A prospective observational study

Answer:

B. A survey

Explanation:

Survey is a form or technique for carrying out reseach studies, often used in social research and demography. It comprises a list of questions purposely to gather definite data from a distinguished set of people.

Surveys helps to assess thoughts, opinions, and feelings on particular subject or area of interest.

Hence, in this case, the statistical study that would be most appropriate to answer this question is SURVEY.

Answer:

survey

Explanation:

What aspects of psychodynamic theory do you think still have relevance in today’s world? Was there one neo-Freudian whose theory appealed to you, and if so, why?

Answers

Answer:

The aspect of the psychodynamic theory that I think still has relevance today is metatheory.

The neo-Freudian theory that appeals to me is basic anxiety as theorized by Karen Horney. It appeals to me because the theory gave three options for someone suffering from basic anxiety which is moving towards others,  moving against others, and moving away from others.

Explanation:

Psychodynamic theory is an approach to psychology that studies the forces that control experience and how they could affect a person's early life. This approach placed too much importance on psychological factors while ignoring biological influence on a person's mental health.

neo-Freudians believe in the work of Sigmund Freud but deviate from his focus on the effects of sex to emphasize on social environment and culture.

Methatheory is a part of psychodynamic theory that i believe is still relevant today, Karen Horney's basic anxiety hypothesis is aeon-Freudian idea that appeals to me.

Psychodynamic theory is a branch of psychology that investigates the forces that shape experience and how they could influence a person's early years. This approach overemphasized psychological aspects while overlooking biological influences on a person's mental health. Sigmund Freud's work is revered by neo-Freudians, who focus on the social environment and culture rather than the impacts of sex.

To know more about psychodynamic theory, refer to the link:

https://brainly.com/question/16524508

A student asks why he​ can't just make​ "random guesses" rather than​ "intelligent guesses" when using the​ guess-and-check problem-solving strategy. What is the correct response to this​ question?

Answers

Answer:

At an average or in terms of probable outcome, Intelligent guesses often leads to the right answer while random guesses often lead to the wrong answer

Explanation:

Guess and Check problem-solving strategy is a form of method or approach to solving problems that individuals or specifically researchers and students can employ to solve mathematical situations by guessing the answer after critical evaluation and analysis have been carried out and then checking that the guess conforms with the conditions of the problem under study.

Therefore, in order to get the right answer or solution to a problem, one has to make intelligent guesses which examining and analyzing each problem and determine important clue statements from the problem, then guess the answer from the critical analysis and evaluation. This often helps or leads the individuals to the right solution.

However, using random guesses is to pick or derived answers randomly, without critically analyzing the problem, which most times leads to wrong answers.

Hence, at an average or in terms of probable outcome, Intelligent guesses often leads to the right answer while random guesses often lead to the wrong answer

Please formalize the argument seen in the following passage:
look round the world: contemplate the whole and every part of it: you will find it to be nothing but one great machine, subdivided into an infinite number of lesser machines, which again admit of subdivisions to a degree beyond what human senses and faculties can trace and explain. all these various machines, and even their most minute parts, are adjusted to each other with an accuracy which ravishes into admiration all men who have ever contemplated them. the curious adapting of means to ends, throughout all nature, resembles exactly, though it much exceeds, the productions of human contrivance; of human designs, thought, wisdom, and intelligence. since, therefore, the effects resemble each other, we are led to infer, by all the rules of analogy, that the causes also resemble; and that the author of nature is somewhat similar to the mind of man, though possessed of much larger faculties, proportioned to the grandeur of the work which he has executed. by this argument a posteriori, and by this argument alone, do we prove at once the existence of a deity, and his similarity to human mind and intelligence

Answers

Answer:

This is an analogical argument. Following is its representation:

1. Machines and world are quite similar in their minute parts are adjusted with accuracy to each other and there is adopting means to ends.

2. Machines are product of the human minds.

3. The world is a design by something similar to a human mind.

Explanation:

This is an analogical argument. Following is its representation:

1. Machines and world are quite similar in their minute parts are adjusted with accuracy to each other and there is adopting means to ends.

2. Machines are product of the human minds.

3. The world is a design by something similar to a human mind.

The strength of the analogical argument mainly depends on the relevance of the shared properties of the targeted properties.

According to Glaukon in The Ring of the Gyles, people are naturally

Answers

Answer:

egocentric.

Explanation:

The Ring of Gyges is a mythical artifact used by Plato in his book entitled 'Republic.' In the story, Glaucon recounts a myth of Gyges. In the myth, there was a shepherd named Gyges who found a ring which makes man invisible on a corpse of a man.

Using the invisibilty power of the ring, Gyges seduced the queen Lydia, made her murder her King, after which Gyges became the King. Through this myth, Glaucon wanted to convey that people are naturally egocentric.

Egocentric can be defined as a disability of overlooking others needs and desires. An egocentric person is self-centered, thinking all about just himself.  

Thus the correct answer is egocentric.

In response to the "Heinz dilemma," Ruby explains, "It doesn't make sense to put respect for property above respect for life itself. Respect for human life is absolute." Ruby is at which of Kohlberg's stages of moral development?
A) Stage 3, the "good-boy-good-girl" orientation
B) Stage 4, the social-order-maintaining orientation
C) Stage 5, the social contract orientation
D) Stage 6, the universal ethical principle orientation

Answers

Answer:

Option D: Stage 6, the universal ethical principle orientation

Explanation:

Moral development can simply be defined as the changes in thoughts, feelings, and behaviors regarding standards of right and wrong.

Lawrence Kohlberg's "Heinz" Dilemma centers on the fact that  it is the way an individual reasons about dilemma that determine moral maturity. it has six stages according to Kohlberg's.

The stage six is characterized by individuals develop a moral standard based on universal human rights. it centers on the fact that person has developed independent moral code based on universal principles  that is  equality of human rights, respect for the dignity of each human being,  right or good  behavior is commitment to these self-chosen ethical principles that reflect universal principles of justice and lastly when laws violate these principles and the person should act in line with these universal principles rather than the law.

Im a male teacher, and one of my students (which is a girl who is fifteen/sixteen) keeps staring at me when I’m in the hallway/corridor walking to my lessons and I’m not sure what I should think?

Does anyone know why a student would be staring at me?

Answers

Answer: She may want to grab your attention to talk about something or something referring to the lessons in class. If not try asking her why she does it. If its neither then i advise you to inform the principal to find out what's going on.

Answer: If a student is staring during a lecture, there are a few possibilities to consider:

1. She may be visually impaired

2. She may be hearing impaired

3. She may have ADD or ADHD

4. She may be on the ASD spectrum

5. She may have other learning/cognitive disabilities

There are many issues (including above) in which young people don't know how to appropriately act in public situations. Someone who "stares" during a lecture, either doesn't know how to maintain an "interested" look without being "creepy," or has an attention issue and they are trying to focus.

Other Questions
Given the following information, determine the beta coefficient for Stock G that is consistent with equilibrium: expected return for Stock G = 9.5%; risk-free rate of return = 3.5%; required return for the market = 9%. Imagine you are an American soldier during the French and Indian War. Write a letter home describing your feelings about the conflict. ANSWER ASAP!!!!! How many liters of a 10% salt solution must be mixed with 5 liters of a 50% salt solution to give a 20% solution? A box is 1 m high, 2.5 m long, and 1.5 m wide, what is its volume? Need help plz, show work too If a mother is affected by an X-linked dominant condition and the father is not, which children can inherit the condition?only malesneither males nor femalesboth males and femalesonly females If the distance from your eye's lens to the retina is shorter than for a normal eye, you will struggle to see objects that are Given: x - 5 > -2. Choose the solution set. arthur walks 5/8 mi to school jonathan rides a bus 8 times that far> How far does Jonathan ride to school Bus starts from rest if the acceleration of the bus is 0.5 MS squared what will be the velocity at the end of two minutes and what distance will it cover during that time 1.A particle is moving up an inclined plane. Its velocity changes from 15m/s to 10m/s in two seconds. What is its acceleration? * A(n) _________ person is free from mental illness, has a desire to try new things, and high self esteem PLEASE PLEASE PLEASE HELP ME ANSWER THIS QUESTION QUICK!! The picture of the question is down below. BRAINLEST , If y varies inversely with the square of x, and y = 26 when x = 4, find y when x = 2. The triangular trade benefited the southern colonies by The structure of the Articles of Confederation (3 points) Find the total area the regular pyramid. T.A= A cart rolls 2 m to the right then rolls back 1 m to the left.a. What is the total distance rolled by the cart? As a result of living in North America, many slaves adopted which religion?A. IslamB. HinduismC. ChristianityD. Animism Is my answer correct?