10. Ordinary people have been shown to play a critical role in developing countries, as entrepreneurs and community organizers. The Grameen Foundation helps families and communities out of poverty by providing micro-loans so people can start small businesses. In one case, a micro-loan allowed a person to purchase a cell phone which suddenly connected the entire village to the outside world. That person and the village prospered as a result. This passage best supports the statement that: Ordinary people are better entrepreneurs. Small loans can make a big difference in developing countries. Cell phones are expensive in developing countries. Remote villagers in developing countries are underestimated

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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10. Ordinary people have been shown
to play a critical role in developing
countries, as entrepreneurs and
community organizers. The
Grameen Foundation helps families
and communities out of poverty by
providing micro-loans so people
can start small businesses. In one
case, a micro-loan allowed a
person to purchase a cell phone
which suddenly connected the
entire village to the outside world.
That person and the village
prospered as a result. This passage
best supports the statement that:
Ordinary people are better
entrepreneurs.
Small loans can make a big
difference in developing
countries.
Cell phones are expensive in
developing countries.
Remote villagers in developing
countries are underestimated
Transcribed Image Text:10. Ordinary people have been shown to play a critical role in developing countries, as entrepreneurs and community organizers. The Grameen Foundation helps families and communities out of poverty by providing micro-loans so people can start small businesses. In one case, a micro-loan allowed a person to purchase a cell phone which suddenly connected the entire village to the outside world. That person and the village prospered as a result. This passage best supports the statement that: Ordinary people are better entrepreneurs. Small loans can make a big difference in developing countries. Cell phones are expensive in developing countries. Remote villagers in developing countries are underestimated
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