Explain the effect of more investment to a country economy. How can a nation, like the Philippines, increase it's investment?

Microfinance is a model being applied in developing nations as a means of boosting local economies, with hopes of growing the global market.

✓1. There are 2 billion people around the world who do not have a bank account, or lack the technology they need to access a financial institution, over 50 percent of which cite that their primary reason for not having a bank account is not having enough money.

✓2. Microfinance institutions grant small business loans to individuals who would otherwise be unable to utilize a traditional bank services.

✓3. They can also provide forms of insurance and savings accounts.

✓4. An estimated 500 million individuals worldwide have received microfinance services,

✓5. many are women from rural regions, accounting for 84 percent of microfinance borrowers in 2016

HOPING MAKATULONG PO!

most people were factory or company owners.

what are two things that greatly the american economy after the war? the huge buildup of u.s. military the beginning of the korean conflict the creation of the gi bill the marshall plan for nations