IGCSE Development Studies: Specimen Questions with Answers 42 - 43 of 98

Explanation

The Purpose of Research Involves

• Collecting and collating information
• Extension of knowledge of human beings, social life, and environment (What-Where-Why)
• Bringing light to information that might never be discovered fully during the ordinary course of life.
• Establishment of generalizations and general laws a contribution to theory building in various fields of knowledge.
• Verification and testing of existing facts and theory.
• Analyzing and reporting the findings
• Research helps identify
• Factors that affect the choice of the consumers such as cost, color.
• Consumer preferences within certain target groups.

Explanation

Asian Development Bank (ADB) is a regional development bank which was established on 22^nd August, 166 with the main purpose of facilitating economic development in the countries of Asia. ADB members have grown from 31 to 67 of which 48 are from Asia and Pacific and the others are from outside.

• Promotes investment in the region of public and private capital for development purposes.
• Provide loans for the economic and social development of the member countries of the region
• Help member countries in coordinating their development policies and plan.
• Mobilization of financial resources through financing operations that cover official, export credit and commercial sources.