What is the function of wb?
Understand the Problem
The question is asking about the function of 'wb', which could refer to various concepts depending on the context, such as a programming term, a software application, or a specific function in a scientific or mathematical context. The user likely seeks to understand its purpose and applications.
Answer
The World Bank reduces poverty by lending money to developing countries to improve their economies and living standards.
The World Bank is an international financial institution focused on reducing poverty by providing loans, grants, and technical support to developing countries to help improve their economies and living standards.
Answer for screen readers
The World Bank is an international financial institution focused on reducing poverty by providing loans, grants, and technical support to developing countries to help improve their economies and living standards.
More Information
The World Bank provides essential support for infrastructure development, education, health services, and various reform initiatives in poorer countries. It consists of five entities, with the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) being the most prominent.
Sources
- What Is the World Bank, and What Does It Do? - Investopedia - investopedia.com
- The World Bank Group's Role in Global Development - cfr.org
- World Bank - Wikipedia - en.wikipedia.org
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