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WorksheetsGlobalization QR Break-In
Total questions: 11
Worksheet time: 11mins
Which of these is not a benefit of outsourcing jobs?
Residents in other countries learn about a company’s product
Workers in the UK. lose their jobs
A company makes a larger profit because the cost of labour is lower.
People in outsourced jobs in India make
about the same salary as in the US
about double what people make in the US
about 3 times of what people make in the US
about 10-20% of what people make in the US
Who does outsourcing hurt economically?
American workers/home country
American company owners/CEOs
Workers in other countries
Video Gamers
A way of providing small loans to the extreme poor when traditional lending opportunities are not available
Foreign Aid
Allowance
Microfinance
Private donations
Why are microloans effective?
When a community takes out a loan, there is social pressure to do your part to pay it back.
The projects are always for income producing opportunities.
It is a small enough amount of money that it is possible to pay back.
All of these
Select the answer(s) that represent microloans.
A cow or chicken is bought for collecting milk or eggs to be sold at market.
Motorcycle repairs are paid with the loan so a man can drive it to make deliveries and haul paying passengers across town.
A bankrupt bar owner gets one chance to double his money at a poker game
A loom or sewing machine is bought to make clothes that will be sold at market.
The idea of microloans or microcredit came from an economics professor in Bangladesh- he personally made the first loans to a community that cost less than $5.
True
False
How effective is the payback rate for microcredit or microloans?
Between 96%-99%
Between 86%-89%
Between 76%-79%
Between 66%-70%
