Asked by
Mohamad Fahmy
on Nov 12, 2024Verified
Foreign aid often becomes a source of discretionary funds that benefit poor people in developing countries and not the countries' leaders.
Discretionary Funds
Money available for spending and investment that is not earmarked for specific obligations.
Poor People
Individuals or groups who lack the financial resources to meet the basic standard of living in their society due to low income.
Developing Countries
Nations with lower levels of industrialization, technological advancement, and per capita income compared to developed countries.
- Understand the diverse impacts and intentions of foreign aid in developing countries.
Verified Answer
SW
Learning Objectives
- Understand the diverse impacts and intentions of foreign aid in developing countries.