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likoan [24]
2 years ago
9

A microfinance institution would most likely work to support which

History
1 answer:
ki77a [65]2 years ago
3 0

A microfinance institution would most likely work to support an entrepreneur hoping to start a small business in a developing country.

Option: A

Explanation:

In financial market policy there are two types of institution which give loan. One is macro financing institution and another one is micro financing institution.

  • Micro financing institution normally supports small scale industries or start up industries like handicraft industry, business of ladies beauty parlor etc. A new entrepreneur who is hoping to start a small business in developing will get help from microfinance industries.
  • Macro financing institution supports or give loan to large scale industries which need huge money to arrange primary infrastructure, raw materials etc.

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in the presidential election of 1860, the Republican Party, led by Abraham Lincoln, had campaigned against the expansion of slavery beyond the states in which it already existed. the Republican victory in that election resulted in seven Southern states declaring their secession from the Union even before Lincoln took office on March 4, 1861. both the outgoing and incoming U.S. administrations rejected secession, regarding it as rebellion.

hostilities began on April 12, 1861, when Confederate forces attacked a U.S. military installation at Fort Sumter in South Carolina. Lincoln responded by calling for a volunteer army from each state, leading to declarations of secession by four more Southern slave states. both sides raised armies as the Union assumed control of the border states early in the war and established a naval blockade. in September 1862, Lincoln's Emancipation Proclamation made ending slavery in the South a war goal, and dissuaded the British from intervening. Confederate commander Robert E. Lee won battles in the east, but in 1863 his northward advance was turned back at Gettysburg and, in the west, the Union gained control of the Mississippi River at the Battle of Vicksburg, thereby splitting the Confederacy. long-term Union advantages in men and material were realized in 1864 when Ulysses Grant fought battles of attrition against Lee, while Union general William Sherman captured Atlanta, Georgia, and marched to the sea. Confederate resistance collapsed after Lee surrendered to Grant at Appomattox Court House on April 9, 1865.

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<h2><u>Answer:</u></h2>

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